Jeff Wang Blog

Yes, Tesla’s and Virgan Galactic’s recent stock price surges is all Wall Street can talk about right now.

But what’s even more exciting is the potential technological paradigm shifts that Elon Musk and Richard Branson is spearheading that will drive their values up even higher in the future.

1) Tesla is leading the EV industry by developing electric vehicles that are faster & stronger, more efficient, and better for the environment. Eventually they will launch completely autonomous vehicle taxi networks powered by their in-house AI chips, and  (current)14 billion driving miles data points.

2) Virgin Galactic is looking to be able to send people to space THIS year. (Sure, it’ll be ~$250k/ticket. But if I had the money I’d probably pay). Branson is going from air travel to space travel, and may be the first to offer commercial business. (Looking at you, Bezos and Musk).

If you believe in the long-term potential of innovative companies, then you won’t be too worried about short-term price movements as an investor.

#tesla #elonmusk #innovation #virgingalactic #richardbranson #technology