Tesla Stocks - Sell or Hold ?
I previously worked at Tesla for 1.5 years and have stocks currently valued 30k $.. the stock struggled for the past 2 years and now bouncing back .. giving tesla’s stock volatility still confused of what to do with them . Have always believed its the next Amazon stock in the market which will reap 10x times but also I am very naive when it comes to the stock market . Please suggest Stocks : 30k $ Age : 29 years no kids no home loans If i plan to hold will hold it for another 10 years atleast .
Hold them for this quarter. Their sales this quarter are good. Plus they were profitable last quarter. No one knows if they’ll be this quarter.
Is this a large percentage of your net worth? If so, sell. If not, hold.
Currently yes 😞. u can say it’s 60% of my current profile
OMG, at least sell 50% to diversify your holdings. Having 60% of your portfolio in a single company is incredibly risky. I am long Tesla and very optimistic about their future, but I'm not taking a chance anywhere close to that.
sell and diversify over other stocks or index, tesla is verh volatile stock just as its ceo, better reap fruits as you get
Only $30K of TSLA? It doesn’t really matter then, just get better TC.
Ex Tesla here. Have 15K $. Hold
I’m gonna let you in on a little secret. This run up is shorts covering and realizing their losses for the tax year. Pull up a chart for SPY and check out what happened in dec 2018. We had two months of chop before that and investors figured they should close their books by year end. Now imagine that in reverse. No one knows how long the Tesla gravy train will last.
They’ll be first quadrillion dollar company
Lol
Hold
Update: Stock is 3x rsu price . Still holding for another 5 years.
Fine either way. Sell to diversify.