Why Do Baby Boomers Hate Tesla?
For the most part, young investors love the same stocks that older investors do. After all, gains are gains regardless of who produces them. That's why Apple and Amazon are key components in so many portfolios, regardless of investor age. Both are huge companies. It's difficult to avoid them as prospective holdings.
However, if there's one stock name the baby boomer and millennial camps can't agree on, it's Tesla (NASDAQ: TSLA). Millennials seem to love this company, yet it's conspicuously unpopular when you examine the portfolios of older investors. There's a handful of reasons for this, but arguably one big one.
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Source Fool.com