Anonymous wrote:Tesla will never be that valuable again. It has no moat and too many competitors now

I have to agree with this. The electric and hybrid electric market will look very different in 3 years. Tesla was a novelty that beat others to the market, now they are catching up.

I’d likely sell at least half to capture the losses.

Anonymous wrote:Sell it and sell short $26. You'll make your money back, as Tesla is still overvalued by at least 2x.

Honestly if TSLA is just 1% of your holdings this is the gamble I’d make.

Anonymous wrote:You have to be a doctor to be worth so much but invest so stupidly.

Have you ever hear of PE ratio?

Ha! Seriously. A doctor friend of mine contracted Tesla brain a couple years ago. I remember him telling me that he usually only invests in index funds but “Tesla is different.” There was “literally” no way the stock couldn’t keep going up. That conventional metrics like PE were “dead.” I don’t normally laugh when people lose money but even setting aside anyone’s views on Elmo Musk, Tesla was so obviously massively overvalued at $420 or whatever that you really needed to be crazy to think it a wise investing decision.

The thing is, a Tesla is not a must-have item. People can spend less on something else and not support him and his foolishness.

You haven't lost the money yet. You didn't lose the number of shares. This is the time to buy, not sell.

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Anonymous wrote:Hang on to it. All the FAANG and related tech stocks are hurting. Dont get caught up in Elon hating. Tesla is an outstanding car, and even though there are competitors, they lack Tesla's appeal. We onky drive Teslas now, other EVs just arent the same. The plaid x is the fastest accelerating SUV on the market, EV or otherwise. People looking for a fun luxury ride arent leaving tesla anytime soon.

Bad analysis. They were priced like an EV monopolist and that’s over

Agree with both you. Tesla is the Mercedes of EVs with no other on the horizon to take their place. However, they are priced like a monopoly which is no longer the case. By the time the stock market recovers and "risk-on" becomes the norm, Tesla will have too much quality competition to warrant the high valuations they commanded, unless of course their other projects pay off on the same scale as Tesla. Highly unlikely given Elon's inability to focus and the culture wars he's getting himself into. His customer base for his future products are on the other side of the culture wars than he is and most would likely opt for a competitor than go with him, especially after Twitter and after 2024 (when he will be using Twitter in an openly partial way to support Italian Ron from Florida).

This. He should have been crazy and quiet, that would have kept it all going.

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Anonymous wrote:Hang on to it. All the FAANG and related tech stocks are hurting. Dont get caught up in Elon hating. Tesla is an outstanding car, and even though there are competitors, they lack Tesla's appeal. We onky drive Teslas now, other EVs just arent the same. The plaid x is the fastest accelerating SUV on the market, EV or otherwise. People looking for a fun luxury ride arent leaving tesla anytime soon.

Bad analysis. They were priced like an EV monopolist and that’s over

Agree with both you. Tesla is the Mercedes of EVs with no other on the horizon to take their place. However, they are priced like a monopoly which is no longer the case. By the time the stock market recovers and "risk-on" becomes the norm, Tesla will have too much quality competition to warrant the high valuations they commanded, unless of course their other projects pay off on the same scale as Tesla. Highly unlikely given Elon's inability to focus and the culture wars he's getting himself into. His customer base for his future products are on the other side of the culture wars than he is and most would likely opt for a competitor than go with him, especially after Twitter and after 2024 (when he will be using Twitter in an openly partial way to support Italian Ron from Florida).

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Anonymous wrote:Tesla will never be that valuable again. It has no moat and too many competitors now

FSD is a massive moat if they can pull it off. They also have a solar company, an AI company, insurance company, and robotics company all in one. The car company is just one small part of Tesla if they can execute.

If they can execute……

Sell it and sell short $26. You'll make your money back, as Tesla is still overvalued by at least 2x.

Tesla is interesting. They make EV cars but they are also the "fuel" provider thru partnerships with Wawa etc. It is an interesting model. Ford/GM make cars but they are not in the fuel business.

Anonymous wrote:Tesla will never be that valuable again. It has no moat and too many competitors now

FSD is a massive moat if they can pull it off. They also have a solar company, an AI company, insurance company, and robotics company all in one. The car company is just one small part of Tesla if they can execute.

Anonymous wrote:Hang on to it. All the FAANG and related tech stocks are hurting. Dont get caught up in Elon hating. Tesla is an outstanding car, and even though there are competitors, they lack Tesla's appeal. We onky drive Teslas now, other EVs just arent the same. The plaid x is the fastest accelerating SUV on the market, EV or otherwise. People looking for a fun luxury ride arent leaving tesla anytime soon.

It’s just hard because I had no idea that he was such an a$$ and now that I know I want nothing to do with him or his company but I’m too far in.

Anonymous wrote:Hang on to it. All the FAANG and related tech stocks are hurting. Dont get caught up in Elon hating. Tesla is an outstanding car, and even though there are competitors, they lack Tesla's appeal. We onky drive Teslas now, other EVs just arent the same. The plaid x is the fastest accelerating SUV on the market, EV or otherwise. People looking for a fun luxury ride arent leaving tesla anytime soon.

Bad analysis. They were priced like an EV monopolist and that’s over

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Anonymous wrote:I’m kicking myself for investing in it. I was obviously the last person in America to figure out that Elon Musk is a nut job. I invested before he bought Twitter and since then all the guy does is tweet stupid stuff while Rome burns. My investment has dropped more than 50 percent this year. It’s doing worse than crypto! Now it’s far too late for me to sell too.

Ugh.

At least sell now and take the loss. Buy after a month if you still think it has potential.

I think it’s a bad idea to sell a stock that has dropped this low.

You should really stop buying individual stocks and stick to index funds, or maybe lifecycle funds

I will clarify.

The overwhelming majority of my holdings are in mutual funds. Like 99 percent. But around a year ago, for the fun of it, I bought about 55k in Tesla stock. Today it’s worth 26k. It’s not gonna kill me, but it sure is annoying. It’s worse because he’s just such as a$$.

You are worth $3M. Cry me a river.

Actually I’m worth $7 million but ok

Hang on to it. All the FAANG and related tech stocks are hurting. Dont get caught up in Elon hating. Tesla is an outstanding car, and even though there are competitors, they lack Tesla's appeal. We onky drive Teslas now, other EVs just arent the same. The plaid x is the fastest accelerating SUV on the market, EV or otherwise. People looking for a fun luxury ride arent leaving tesla anytime soon.