I personally don't trust the market enough to be forward thinking like that and to hold something through its possible volatility (instead of trading it). TSLA has one of the better CEOs in the world. If I could invest directly in him and his endeavors, I'd do that blindly because I know he's got the right ideas. Selling cars is tough when disposable income decreases each year, inflation rises and subprime loans rear their heads. I'm really not a fan of the car sector, but obviously you're buying TSLA for the technology. Like I said, I just wouldn't use the long and strong old Wall mentality with TSLA without managing risk along the way. I know from experience how it is getting loose with a stock with a decent future. You could have the right idea, but when that sum***** tanks 10-15 points for no reason and you're sitting their bag holding instead of being stopped out (after a point let's say) and reentering, that **** sucks.
That Gigafactory could be big though and I like that Elon is trying to create jobs by opening factories in America. I personally, would love to get in on SpaceX. I love outer space and I think that's a decent avenue of potential. Used to follow ORB a couple of years ago but never traded it. Jumped 20 points sitting on my watch list over the past two years.
Edit: I just wanna clarify, I'm not bearish on TSLA, but you never know with this market. If it wants to sell off, it ******* will and it will do it viciously because that's how things are after you've been on the tear we've been on. TSLA should keep trending upward over time, but haircuts are always possible. Just look at DDD. I know some smart people that love the stock and its future, but I couldn't deal with that 50% haircut it just took unless I at least hedged my position with puts. Just wanna make sure folks know that the market doesn't care about us and will move in the direction it needs to move so you should always have a plan and risk in mind, regardless of your timeframe.
