If Nio reaches 1/3 of Teslaās current value, Iāll be satisfied.
Its on a tear will it bust 1500 today
I love Tesla. I used to like Elon Musk. I think the company has a great future with cars, energy and batteries - market leading in some spaces.
I also think this share price is insane.
Iāve just hit 200% with Tesla, wish I had more than 1 shareā¦
same. are going to hold or take the gains?
I really believe in Tesla, Iām sticking with them.
I just need Elon to post something silly on twitter so I can buy a few more fractionsā¦
I bought in late with a v small holding so took some today. Dare I long the rest - decisions decisions.
Tesla has grown into such a large portion of my portfolio Iām unsure what to do.
Anyone else in such a position?
Sell, the bubble will burst soon enough.
I wish I was
Seriously say if it drops by 30% in the next seven days, would you be uncomfortable? My idea would be to take some profit. However if you believe in the companyās future thatās another matter
Tesla doesnt follow the rules. It will pop but when it does will the price it falls to be lower than now? I made that mistake last June when I mocked its 180$ price as too expensive.
Its risen 50% in a month. Itās crazy.
Pasting my comment from another thread so sorry if the tone seems weird:
āTaking profitsā is important for good portfolio management if you are picking individual shares. For example, I bought Tesla shares at $200 and $400 to compromise 10% of my portfolio. Following the recent share price explosion they become 45% of my portfolio. Now that is just too risky for me so I ātook profitsā and scaled back my holding. Ideally I would hold near 100% of my portfolio in Tesla but I do not have that sort of risk tolerance. I donāt really see better opportunities elsewhere, not saying that they do not exist, but good risk management dictates I ātake profitsā.
Tesla is 90% of my portfolio. I wont sell even a fraction for years to come. If it drops 50%ā¦even more? Ill buy buy buy and keep holding. If youāre selling nowā¦and not to keep buying averagely and to hold long term. I dont believe you understand its future properly.
Yes take profits where you want to. Profits are profits but if you really are a long term investor selling right now or in the next year or two, to me is very very silly.
Unless youāve been holding since IPO, then congratulations and retire and have some fun
(All my opinion ofcourse. Do what you want)
How do you understand its future and future value? What levers will Tesla pull to make the money needed to justify such a valuation. Make more cars? Robotaxi? Energy and batteries?
Good luck with that.
On a mad one again
Its falling fast