Dr Alexander Elder
In almost every generation, there is a genius who changes the course of society.
Do you recognise the men in these photos? It would be easier to recognise them if I showed you their photos when they became old and famous. In these photos, they are young – their age when they made their discoveries and began creating not just new businesses but new industries.
In the free world, in every generation, there is a business genius who changes the way we live, and in the process, becomes fabulously rich. Investors in a genius company can come along for the ride.
About the men in the photos. J.D. Rockefeller created the modern oil industry. Henry Ford created the modern auto industry. Steve Jobs shaped the modern computer and phone industries. Investors in their companies had opportunities to come along for the ride.
Do you recognise this young man, an immigrant to the US? Let me give you a hint. He had developed or helped expand several industries:
- International payment system
- Electric cars
- Self-driving cars
- Space travel
- Tunneling
- Space-based internet
- Brain implants
The business genius of our age is Elon Musk, and these are his companies:
- Paypal
- Tesla
- SpaceX
- The Boring Company
- Starlink
- Neutralink
Musk is no longer involved with PayPal, and his only listed company in which you can buy shares is TSLA. SpaceX is expected to go public in 2026, but TSLA is available today.
Here are a few relevant factors:
- Musk recently bought $1 billion worth of TSLA shares – expressing his confidence in the company’s future.
- Musk will collect $1Trillion award IF he quadruples the value of TSLA within 10 years
- New Tesla cars come with FSD (Full Self-Driving). I recently drove a Tesla over 300 km without touching the steering wheel or the pedals. Once FSD gets full government approval, you’ll be able to put your car into a rental pool during the hours you don’t use it. TSLA will become an Airbnb of cars
- TSLA is a major developer of robots
- TSLA is a major developer of AI
- TSLA is one of the biggest holders of Bitcoin
This is a weekly chart of TSLA, with my favourite set of indicators: exponential moving averages, ATR Channels, MACD, and Force Index. A good time to add to TSLA positions is when the stock dips below it longer-term EMA, marked by a blue line.
Elder.com
Personal disclosure: Dr Elder owns TSLA shares