I bought Tesla back in 2023 in the low 180s, when sentiment was awful and valuation at least resembled reality. At the time, margins were still strong, demand wasn’t a question mark, and the story made sense. One of my core filters has always been management quality, and even then Elon was already a concern, but the numbers backed the thesis.
Fast forward to now and I finally pulled the trigger. Not because of politics, not because of vibes, and not out of spite. I ran the models again, reread earnings, looked at demand curves, margins, capex, and guidance. The thesis I originally bought no longer exists. Add in a CEO I don’t trust, constant distractions, and attempts to blur the lines between Tesla and his other ventures, and I couldn’t justify the risk anymore.
Yeah, I left a lot on the table and I might regret it if robotaxis magically fix everything. But I sleep better knowing my capital isn’t tied to something that now relies more on hope than execution. Gains don’t matter if the risk profile quietly changes under your feet.
I Finally Sold My Tesla Shares
byu/rewardsandpenis ininvesting
Posted by rewardsandpenis
17 Comments
Robotaxis and cars arent what theyre banking on, its the decatrillion potential industry with the humanoid robots
Never forget Elon is too much of a creep for Epstein
Dear diary
lol. Buying after 2019 was always a gamble. Well done getting out before the inevitable fall to reality.
Valuation hasn’t resembled realty since maybe 2010 or whenever it IPO’ed lol
I am sad for humanity that no where in there did you mention his Hitler salute.
Good. That ticker will plummet once spacex and XAI go public
Nothing like emotional investing. Least you made money. If you were all about feels you would donate that ” bad” earnings to a charity….heyyyyy theres an idea
I had too many shares to begin with – worked for them and gained from the split stocks. I will eventually be doing the same thing as well.
Why? Tesla is now the premier AI company of the world.
Everyone wants to work there
It wasn’t the Sieg Heiling it was the fundamentals
> back in 2023
lol. Your investment thesis was still based on vibes even at that price.
It was vastly overvalued well before 2023 bud. The risk has always been insane, but if you’re willing to play with fire there’s some money to be made yea.
You made a profit, that’s all that matters.
And yet my puts still look like shit
what a mature self assessment
lol