Elon Musk has the full backing of the party in power! Governor Jerry "Moonbeam" Brown certainly supports Tesla. Best of all, President Obama is a fan Elon Musk. NASA has awarded $1.6B in contracts to SpaceX, plus paid for research for starters. Solar City and Tesla are getting all kinds of tax credits, green credits and they will continue, if not increase! Then there is the soft DOE loan. Support from Argonne Labs for battery tech.
The best is yet to come. I suspect, the Justice Department will go after all these crooked dealers in places like Texas and NC that want to prevent Tesla from selling autos directly to consumers. That constitutes restraint of trade, interference in interstate commerce, plus violation of anti thrust laws. Makes those ICE auto dealers look like crooks.
Yes, the stock may pull back, but long term holders will not care. Look at MSFT, INTC, CSCO, AAPL. They all had corrections during their rise to dominance. Of course, nothing last forever and there will be a time to cash out of Tesla in a few years.
I hope there are enough right wingers with balls to stand up to the NC legislature and explain to them that they are walking all over their "free market" bs through the move they just made against a brand new US JOB CREATOR...............jeez I hate the GOP/TP