I remember opening my laptop after Tesla reported Q3 earnings, feeling that familiar mix of curiosity and quiet excitement. Revenue hit $28.095 billion, up 12% year-over-year, beating expectations. My first thought: They’re still growing. But then I noticed the adjusted EPS fell short. A little sigh escaped me. Profit down, yes, but still positive and that’s enough for me. As long as Tesla is making profits, I feel everything is good.
I don’t own any Tesla shares, and I have no intention to buy. The stock price feels sky-high, and there’s no dividend to provide a tangible return. It’s not that I doubt the company — far from it. Tesla has ambition, innovation, and potential that few companies can match. But for me, the combination of a lofty valuation and no dividend makes it a pass. I can admire the story without being invested in it.
Tesla Motors (TSLA)
The earnings call described Q3 as a “halftime break,” suggesting the real value might emerge after 2026. That made sense to me. Tesla always plays the long game, and the market often punishes what it doesn’t fully understand. Still, short-term volatility doesn’t concern me because I’m not a shareholder. I can watch the drama unfold from a distance, appreciating the growth and the risks without having skin in the game.
I can’t ignore Tesla’s potential. Beyond electric vehicles, they’re pushing into energy storage, AI, robotics, and possibly other breakthroughs we haven’t even imagined yet. Imagining 2026 makes me marvel at the possibilities: widespread adoption of full self-driving, scalable energy solutions, Optimus robots as a real product. It’s thrilling to watch, even if I won’t profit directly.
When after-hours trading showed Tesla shares down nearly 5%, I felt… nothing. The market’s reaction doesn’t affect me personally. Profitability remains intact, innovation continues, and the company is still executing its long-term strategy. That’s all I care about from my perspective.
I thought about timing. If Tesla’s “real value” will only emerge after 2026, there’s no rush for me. I don’t need to chase the stock or speculate on when it will peak. I can simply observe the progress, the launches, the factory expansions, and the bold experiments. I get the thrill of watching history unfold without trading or investing in Tesla at all.
Tesla is fascinating, volatile, and undeniably ambitious. I don’t own it, and I don’t plan to. And yet, I can still appreciate the story, the strategy, and the long-term vision. For me, that’s enough.
Comments