Dave Lee on Investing

“Easy Money”: How I almost sold TSLA at $40!


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Watch this video on what a 10x company is:
My TSLA Exit Plan, https://www.youtube.com/watch?v=r9HtG-jJSTY
In this video, I’m going to share a story from 2013 when my wife wanted me to sell our Tesla stock at $40 and what I told her.
Some people like to trade in and out of their stock positions.
It’s the culture of the stock market to focus on short-term gains and to preserve profits.
However, when I find a company that I think has a clear and probably path to a 10x valuation in 5-10 years, then I think it’s a good idea to hold on as long as they are progressing toward that goal.
I share some examples and illustrations in this video.
Please share this video with others on Reddit, Facebook groups, and forums.
Check out my archived articles/posts on Tesla: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768
Disclaimer: All content on this channel is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of information on this channel. Author is long TSLA at time of original video publish date.
Tags: Tesla, Elon Musk, Model 3, Model Y, Cybertruck, Investing, China, TSLA Shorts

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