Since 2020, Tesla’s stock has exploded from just under €390 to €840, equivalent to 114. And now it goes downhill, the messages I read are piling up, my phone hardly stands still in front of “EILMELDUNGEN”. I smell panic in every headline and wonder, are people really that stupid?
Clicks and views make the headlines. That was clearly the aftermath, such a boom to follow such headlines. I bought the stock myself at about 180€ years ago. For my part, it’s still an ongoing boom. But why are all people shocked now? It is more than understandable that after such figures, profit taking will happen at some point. More than understandable. Then there were a large number of short sellers who would have to buy the shares at some point and since they certainly do not want the stock, they will save what can be saved.
On Twitter, the first ones howl because they bought at 800€ and are now in the minus. I’ve heard that you should never invest in a boom and a case, but there the greed will be greater than the mind.
Is the Tesla course justified?
From a shareholder’s point of view, Of course, I look forward to the Tesla share price and would also see it at tens of thousands of euros, which is not the problem. I’m also a big Tesla and electric mobility fan. But the course still bothers me because it has priced far too much imagination and unicorns.
Tesla is worth more than VW and Daimler. Sounds harmless at first. But you have to swoon the big corporations. VW is not only Volkswagen, it is also Audi, SEAT, Skoda, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. And Tesla has Tesla. That’s my problem with the course, it has no relation. I am, of course, happy, but the joy has a bland taste.
Buy or sell Tesla shares?
I’ve almost tripled my share and it sounds like selling to me, the price is more than high enough. I only foresaw this in several years. Before the sale, of course, I will let another day or two pass, I will not sell anything in hastily.