Will TSLA drop to $200, or will it keep rising beyond $300?

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  • #113898 Reply
    Asia

      Question for TSLA holders-

      Do you think TSLA will ever get back to $200? I am waiting to buy in at that level because I don’t want to dollar average in.

      Is it possible that it can just continue going higher and higher and never even see $300s again?

      The longer I wait, the longer I’m not in a position.

      #113900 Reply
      V.M

        Waiting for an abitrary price to buy is a fools game. If you like the stock buy it now. It’s a volatile company because a very unpredictable person is running it who is now a buddy of the most unpredictable leader in the free world.

        This stock could easily go through the roof on speculation.

        Long term is anyones guess.

        I don’t see the future as being in electric cars becauae the infrastructure does not exist to support and power those cars.

        #113901 Reply
        Farhan

          Might drop to somewhere around 300-350 range. But 200s probably not possible the way it’s looking.

          Tesla is going to be at an advantage under the new government.

          And you have to look at their business too. They’re not just a automobile company.

          So, it has momentum due to other factors too at this time.

          #113902 Reply
          Drew

            I sold at 355 and had a buy order in at 330. It didn’t drop quite that far (333) so I missed out on this big run BUT I don’t regret the sell at 355.

            I do think I’ll eventually get a chance to buy at 330. If not, if and when the P/E gets back into tolerable range I may buy back in at whatever price that is but for now I’m on the sidelines applauding all those making money.

            I see TSLA as an innovation play so valuations don’t always hold up to scrutiny but at over 100x earnings I just can’t buy.

            And even when I buy I only trade individual stocks with a small percentage of my holdings.

            All of my FIRE savings are in VOO and VTI. TSLA, AAPL, GS and BRK.B have all contributed to my net worth with big gains but when I sell and rebalance it all goes in to VOO or VTI.

            #113903 Reply
            Susan

              My son works for Tesla and told my to buy when it was at $113 a share. So glad I listened to him…

              #113904 Reply
              Russel

                It’s going to keep shooting up over this year because of several key things that are about to happen. There may be a small correction here and there but nowhere close to 200 ever again.

                Just buy and hold. Either you think they’re solving robotaxi or they’re not.

                Either they’re deploying humanoid bots or they’re not.

                If you believe they are then this price today is still cheap.

                #113905 Reply
                Doyle

                  TSLA is in the S$P 500. Buy some VOO or SPY; problem solved. No need to make it complicated.

                  #113906 Reply
                  David

                    Highly doubt it, but no one knows. Personally I’m long on Tesla and DCA with no plans to sell.

                    Just don’t allocated a large percentage of your portfolio to any 1 individual stock

                    #113907 Reply
                    Emmanuel

                      I don’t think it will hit 200 again, you’re better off buying now and hold, 600 by end of year… 2600 by 2029

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