Ideally, stock prices tend to plummet every time there is a management crisis within their parent company. According to Paul Mampilly, such crisis often arises from directors of CEO rants, disquiet between the management team, and even investigations
by the state or federal agencies.
In some cases, these stock prices have plummeted to levels that they found too deep to recover from. Tesla, the futuristic automobile and clean energy company has gone through most of this crisis especially after the numerous twitter rants by its chief executive officer Ellon Musk, some of which have invited investigation by the different governmental agencies.
Ignore Ellon Musk
But Paul Mampilly believes that there is nothing ideal about Tesla and its approach to technology. He argues that while the numerous rants, seemingly unstable and uncalled for statements by Ellon Musk may have attracted unwarranted attention on Tesla, they have a near insignificant impact on the value of the company shares. To a large extent, Paul believes that this may be due to the almost expected nature of the unstable genius to constantly throw the market off balance.
Why should you invest in Tesla stocks going into 2019?
- Unrivaled products
Paul Mampilly mentions that while the world may be judge Musk as irrational and unstable, no one can deny his ingenuity. Through Tesla, he has come up with innovative and highly futuristic products that other technology industry players deemed unrealistic. For instance, he has come up with innovative and unrivaled Space X rocket technologies and Tesla luxury and electric automobiles that Paul believes will hugely impact the technology industry.
- Tesla is almost flawless
The fact that Tesla has remained almost flawless despite the numerous investigations and Ellon Musk rants gives an investor yet another reason to overlook Musk and invest in the brand. So far, Paul Mampilly mentions that Tesla has only had a minor output capacity issue that fades quickly in the face of numerous breakthroughs achieved by the company. For instance, it has created more efficient solar panels with is Sola City subsidiary and also expanded the storage capacity of its Lithium-ion Batteries poised to be used in the electric cars.