As a dedicated follower of my FIRE journey, I regularly assess my investments, and Tesla holds a significant position in my portfolio. Naturally, any movement in Tesla’s stock price has a substantial impact on my overall returns. With recent developments at Tesla , I want to share my thoughts on whether I should continue holding, buy more, or sell.
Tesla recently held its long-awaited 10/10, which was initially set for 8/8 but was delayed. Investors were hoping for big announcements, particularly the unveiling of the highly anticipated Model 2, a lower-cost vehicle designed to compete with mass-market sedans like Toyota and Honda. The current Tesla lineup—Model 3 and Model Y—competes at a higher price point, more akin to brands like BMW and Mercedes.
Wall Street analysts are highly focused on Tesla’s potential low-cost vehicle, as it is seen as a critical driver of the company’s growth over the next 3 to 5 years. To determine Tesla’s intrinsic value, analysts typically use...