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Tesla share price

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Comments

  • webjaved
    webjaved Posts: 618 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Tech stocks yesterday took an absolute battering. I'm too scared to even open up Freetrade to check my tech stocks! :'(
    Save £12k in 2019 #154 - £14,826.60/£12k
    Save £12k in 2020 #128 - £4,155.62/£10k
  • Really? What proportion of your portfolio does Tesla represent for you, Username? 

    Hope the OP took the plunge soon after posting;  and the first respondent - do you realise that your comment appears underneath whenever anyone looks at the thread?
  • webjaved
    webjaved Posts: 618 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Anyone else taking a punt and buying the dip in Tesla?
    Save £12k in 2019 #154 - £14,826.60/£12k
    Save £12k in 2020 #128 - £4,155.62/£10k
  • “3.74%..and yours?”

    Zero. Missed the wedding.
    Well done, wish you had been braver.
  • webjaved said:
    Anyone else taking a punt and buying the dip in Tesla?

    I've been adding during the dips. It's a great company with many exciting things planned for the future
  • Adding through the dips is a great strategy.
    Because, when the price rebounds to where it was, you are already in profit.
  • So, when keyboardrrier posted about buying the dip price was 407 and now it is 425.

    Thanks for the masterclass. 
  • Adding through the dips is a great strategy.
    Because, when the price rebounds to where it was, you are already in profit.
    If it rebounds.  I see US tech overpriced at the moment with more room to fall as retail investors take their funds out.
  • Bought 4 at ~ £200 from April 2018 - May 2019, sold one earlier this year for ~£800 because the price was crazy and I thought "well at least I've guaranteed myself a 0% loss", then the price went crazier, sold another at ~£1200, and one more since the split at ~£340, i.e. my current holding is 45% of what it was. That's all for now. I still believe in the company but the price is insane. I hate to be a market timer/speculator but that's all it is, luck.
  • Username999
    Username999 Posts: 536 Forumite
    500 Posts First Anniversary Name Dropper
    edited 5 September 2020 at 3:21AM
    Looks like I'll get to top up at $360 next week.

    Tesla spurned in S&P 500 reshuffle !!!

    "Tesla has been left out of the latest additions to the S&P 500, dashing the carmaker’s hopes of joining the blue-chip index despite meeting the most onerous bar to entry: turning a consistent profit.

    S&P Dow Jones Indices, which manages the benchmark, snubbed the California electric vehicle maker in the first round of additions since June, which were announced late on Friday."

    https://www.ft.com/content/1dacdd06-38e6-4cd5-9e4c-a06144310478

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