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Akgolf

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When I retired in 2016 I put a small amount of my 401K into Tesla. Couldn’t afford a used anything from Tesla With the amount I purchased. Now I could get a new S, 3, X and Y!

Still holding.
 

VI Tesla

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When I retired in 2016 I put a small amount of my 401K into Tesla. Couldn’t afford a used anything from Tesla With the amount I purchased. Now I could get a new S, 3, X and Y!

Still holding.
I wish, could only afford a couple shares when I bought in. Hopefully when my Cybertruck comes in I can still put a dent in the price though.
 

DIYDharma

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A historic day, closing at $2k. And people said this was insane. Well the stock is insane and is driving itself on autopilot.

Coming up with the 5 for 1 split, each share will likely be around $400 or more come 8/31. Couple that with battery day on 9/22, the stock will likely hit 500 on or after 9/22. Given Austin GF opening, another factory in Asia, Germany pumping out watts, and more SpaceX missions, speculating 800 or so by September next year.

Disclaimer: The above is just my theory (which could be wrong). - not investment advice - I'm not a CFA.
 

Jhodgesatmb

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When I retired in 2016 I put a small amount of my 401K into Tesla. Couldn’t afford a used anything from Tesla With the amount I purchased. Now I could get a new S, 3, X and Y!

Still holding.
Good for you! Hind sight is 20:20 isn't it? Back in 2016 I didn't have any money to put into Tesla and wasn't a fan. When I realized what I was/wasn't doing I bought a few shares, but just fingers and toes. Not the entire nest egg, but I was hoping the investment would go up enough to pay for the taxes on my CT or, if I was really lucky, the camper. I don't know where this ride is going but I don't think I am going to lose money on it.
 

MEDICALJMP

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Seems a fair amount of irrational exuberance in the stock price since the announcement of the split, but I am happy to take it. Besides, I am in it for the long haul.
 

Akgolf

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Good for you! Hind sight is 20:20 isn't it? Back in 2016 I didn't have any money to put into Tesla and wasn't a fan. When I realized what I was/wasn't doing I bought a few shares, but just fingers and toes. Not the entire nest egg, but I was hoping the investment would go up enough to pay for the taxes on my CT or, if I was really lucky, the camper. I don't know where this ride is going but I don't think I am going to lose money on it.
If I hadn’t retired and able to move my 401K to an IRA, I wouldn’t have been able to get shares. Timing was lucky. The financial advisor for the IRA talked me down to investing a third of what I wanted to invest.
 

Jhodgesatmb

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If I hadn’t retired and able to move my 401K to an IRA, I wouldn’t have been able to get shares. Timing was lucky. The financial advisor for the IRA talked me down to investing a third of what I wanted to invest.
Good advice.
 

ReddykwRun

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Seems a fair amount of irrational exuberance in the stock price since the announcement of the split, but I am happy to take it. Besides, I am in it for the long haul.
Kathy Wood over at ARK Invest feels that within 10 years 12K / share at a minimum and leaning higher. Nice.
 

ReddykwRun

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When I retired in 2016 I put a small amount of my 401K into Tesla. Couldn’t afford a used anything from Tesla With the amount I purchased. Now I could get a new S, 3, X and Y!

Still holding.
Therein lies the conundrum. If you "pick the fruit" at say $3000 / share it's never going to be able to mature to $12,000 or beyond and you regret you bailed out at a low altitude. Hang on, we ain't seen nutin yet.
 

ReddykwRun

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Seems a fair amount of irrational exuberance in the stock price since the announcement of the split, but I am happy to take it. Besides, I am in it for the long haul.
I recall seeing the writings of some financial soothsayer state that Tesla was overvalued and had felt the value should have been lower, like from $1500 down to $900 / share so I sold and the price stalled and waited for a "dip", yea right, it only fell about $50 / share, then I read about the split so I jumped back in after-hours a week later. Glad I was not napping that would have hurt.
 

Daweism

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We talking 12k a share post the 5 for 1 split?
 
 
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