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Don’t Invest in Tesla — Here’s a Better Tech Trade

Don’t Invest in Tesla — Here’s a Better Tech Trade

Last week, automaker Tesla Inc. released Smart Summon. It’s a new feature that allows you to “summon” your car using your smartphone.

As long as it’s within 200 feet of you, you can press a button, and your car will come to you.

This is classic Tesla. Its newest innovation generated plenty of hype in the tech world.

But so far, the Smart Summon feature is not working out so well.

A week later, it’s already caused parking lot jams and fender benders.

While it has the “cool” factor — if it works — as an investor, it doesn’t excite me.

Tesla is the type of company that’s big on showmanship and short on making money.

And in my opinion, Tesla is a great story, but not a great company — the more it sells, the more it loses money.

I stay away from companies like Tesla. I explain why in my video below.

In this video, I discuss:

Stop throwing your money away in Tesla. The company just burns through cash more than it brings in profit.

One way you can add exposure to the tech industry is with an exchange-traded fund (ETF). The Vanguard Information Technology Index ETF (NYSE: VGT) is U.S.-based and has a well-diversified portfolio.

Microsoft Corp., Apple Inc. and Intel Corp. are some of the ETF’s holdings. And its expenses are low.

I don’t waste my time on a company if I can’t figure out its underlying value, and neither should you.

Through decades of experience, I’ve developed a system that allows me to identify companies with sound business models, that generate income and that are mispriced by Wall Street.

Readers of my Alpha Investor Report newsletter get exclusive insight on the most profitable companies that are trading at bargain prices. And I don’t recommend companies that are bleeding money like Tesla.

I do the heavy lifting, and they get to enjoy the profits.

Click here to learn more about how you can invest in leader companies trading for pennies on the dollar.

Regards,

Charles Mizrahi

Editor, Alpha Investor Report

P.S. Check out my YouTube channel. Click the subscribe button so you won’t miss any of the content I post on how to make money in the stock market and how to be a better investor.

 

 

 

 

 

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