172x since IPO, about 10.5 years ago. So is a 10x over 10 years stock, then last 1.6 year another 18x almost twice the first 9 years.
Can I time travel back to 2010 to buy TSLA at IPO?
172x since IPO, about 10.5 years ago. So is a 10x over 10 years stock, then last 1.6 year another 18x almost twice the first 9 years.
Can I time travel back to 2010 to buy TSLA at IPO?
I think a more fruitful approach may be to unblock our minds so we will be better able to spot the next winners. There are huge winners coming out every year.
18x over 1.5 years? Doubt it. I check a few hot stocks, 10x over 1 year seem common enough. Just need to spot those. I think future ones are in the genomic area - now trying to beef up my knowledge in this area. So damn many startups in this space - very surprised.
The hard part about making money in Tesla was not ‘getting in,’ it was staying in. I first bought the stock at ~$30/share in 2012. Within 1–2 years it 10x’ed. Great investment! Looking overvalued! Eventually sold all of it.
Got in again in late 2018 at 250 or 300 pre-split with another small position because I was impressed by the model 3. It did nothing for a year and a half, then all of a sudden, 5x! Looking overvalued again…sold half of it.
If I had only held onto my full position would be looking at 100x returns. Did the same thing with Apple after buying in 2009. Lesson learned: let your winners run.
There you are ! Best advice !!
I bought Tsla too in 2012 and again in 2018. And again in 2019. And again last March during COVID scare. Held on to all of them. Never sold one share.
Also owned aapl since 2009. Held on to all and never sold one share.
I did ditch some losers. They are: bidu, Yelp, twtr, and some index fund.
Finally you did !
Yes, I got rid of them to make room for more Tsla.
Quantum Scape at 51!! wow, what a ride in a month.
IMO, It was speculation run, expecting QS will be taken over or contracts will flow from car making AAPL. Everything was hyped to fool retail investors.
Tagged
Foxconn will make cars? Hmm… wonder who else it will make cars for?
The roadmap is clear, Elon, every time he talks, it’s going to be good, and I just think we all have to accept the fact that President Biden will do anything to make the EV to be the central form of transport,” he added.
Nobody wants the current EVs. 18m cars a year sold. People want SUVs and trucks. Not Teslas. I don’t care what Biden does.
the EV SUVs and trucks are coming. I know these mandates are without teeth, but if there is a federal incentive involved, many people will buy. NJ just did a mandate for EV medium duty vehicles, MA just copied CA’s EV mandate.
If Dems picked up two Senate seats tonight maybe we will see TSLA zoom to the moon tomorrow.
Or to mars .
Man you guys are greedy…