Hmm, interesting topic that I haven’t thought too much about. I was planning on getting to a certain share goal, and then ride it out by selling weekly CCs for $1 premium. With the >50% drop this past year perhaps I should reconsider. If we drop below $150, I will be underwater, but can handle the pain. I was hoping to buy Tesla’s for several family, but only if we get back to ATH retirement. Currently, I’m sleeping better by selling CCs-CSPs straddles, so perhaps I’ll just keep that up since it’s relatively easy to receive $2-$3/wk premium on monthlies. As for my portfolio, I’m essentially all in TSLA, except a 2-yr emergency fund in cash/CDs.
I believe in the company and the mission, so it will take a a significant failure (or completion) of the mission or the company to get me to diversify. I’ll probably stay until they are no longer increasing sales of S3XY, Semi, Megapack, and solar. Once EVs are at least 80% of vehicle sales, and if Tesla doesn’t have at least 30% of that market, I’ll probably sell, but not until they are selling at least 5M/yr. Maybe after another Gigafactory or two are scaled up. If they fail to achieve 5M/yr by 2025 (and no other company is doing more), then that’s a sign that they are not on mission and I might diversify.