cricketman
Member
Everyone’s decision whether and when to sell any of their TSLA position is uniquely based on personal circumstances.
But it would be helpful to keep in mind a reasonable fair value of TSLA, because it is quite possible for the market to assign an unreasonably high valuation, just as it assigned an unreasonably low valuation not that long ago.
Even for a future trillion plus company, Tesla is so far from justifying that on current earnings, that a steep discount needs to be applied. A quarter of a trillion now seems very rich. Half a trillion seems to me obviously too rich. So I’d say anything over $2000 is unreasonably high.
I’m not predicting how high the SP is going to go now, but I am predicting that if it goes over $2000, it will correct below $2000 as soon as the fever breaks.
Yes I agree although it isn't fashionable to say it on here.
I am a big Tesla bull. But time is also a function of money. I will sell 20% of my stock at $2,000. That will net me about $1m which is life changing for me. It is goes up to $3,000, I will sell another 20%.
That means I can retire if I want (I am 40 years old with a young family) and live in Spain which is a cheap place to live
Whatever happens, I will keep 50% of my Tesla share long term. I will "never" sell those. And if the shareprice drops after I sell any of my shares then I will buy back in again