Tesla Stock at 50% loss

I have about 100 Tesla stocks which is at 50% loss. should I hold them or sell ?

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Zoox ojwP07 Apr 23

You bought into the ponzi scheme and will pay for it. Cut your losses and move on

Amazon freakingtu Apr 23

I mean if you held it till now then wait for the earnings today. May be it bounces back a bit but no way it’s going back above $300 again anytime soon.

Amazon iFnP17 Apr 23

Buy more

Microsoft ethis53 Apr 23

Don't sell anything now, use it for tax harvesting at the end of the year if you have profits in other companies. Also 3K loss per year can be reduced from income

Amazon xfinetyu Apr 23

Would you buy Tesla at the current price? If so, hold. If not, sell.

DraftKings eMUB42 Apr 23

Buy high sell low, perfect strategy

New
HydroPwrd Apr 23

Do you think TESLA stock will go up or down from here withing your anticipated selling time frame?

Google wtfblind? Apr 23

Tesla is likely to go down further - they face fierce competition overseas. Trump’s reelection (I am predicting, not saying I am voting for Trump) is likely to put an end to tax subsidies. Domestically aside from the policy change post election, EV growth is tapering off since most enthusiasts had already acquired Tesla, leaving very little headroom for further growth. This is evidenced by the increased inventory, cutback on production and more aggressive price reductions, which all eats into Tesla’s profitability. Unless FSD can turn into level 4 automated driving, I don’t see any reason why Tesla stock will not go further lower. Hold it for 5+ years, maybe (if Tesla still exists). BTW, Tesla used cars are seeing a substantially high depreciation in markets. It’s fun to drive but most would not want to buy a second hand vehicle. That’s another problem for Tesla

Broadcom ESsOGenAi Apr 23

Hold it. But don’t forget to sell if it gets above 300. It happened multiple times

Bloomberg qBBy56 Apr 24

Over a year and hasn’t cracked 300, prob won’t ever go back

Ford Motor Company TCue61 Apr 23

There's a support at $145 from technical analysis and its week-long drop stopped there today. If today's quarter results come out bad, it can drop until the next support of $100. For the short term I don't think it will drop below that. Medium term, I think p/e ratio will come to 15-20 range. It was a mistake buying it at very high valuation. After you miss the Tesla stock 10x'ing in 2020, buying it just became a high risk gamble.