In case you haven’t noticed, Tesla Motors is on kind of a roll. Just within the past month they have repaid their government loan early; have announced that their Model S is presently outselling all the other hundred-grand luxury cars; and have French Castled the New York Times in true Monty Python fashion. It’s a good day to be Elon Musk, even if you have to be named Elon Musk.
All this good corporate news has combined to drive the value of Tesla stock to over a Benjamin each, making the company the darling of NASDAQ. That of course is currently just about the only automotive stock worth not crying in your bowl of ticker tape-os over, but as everyone knows, the stock market is a long-run game.
Perhaps you were fortuitous enough to get in on the ground floor with Tesla, and are now seeing your investments grow. Or maybe your family has had GM stock for so long that even major downturns like the past 8 year stretch warrants only a slightly raised eyebrow in response. Of course you could be like me, and own no auto stock whatsoever, having instead decided to invest your hard-earned income in Friday night Hot and Readys from Little Caesars. But let’s say you’re more fiscally responsible than your humble host here, and do own some auto stock. If so, who do you own, and how much?