Would selling Tesla today be considered panic selling?

Created at Feb 27, 2025 06:27:59 / Updated at Feb 27, 2025 06:32:31 12.**.211.18

My average purchase price for Tesla is $260, and I'm wondering if I should sell even for a small profit. Usually, when I'm really wanting to sell, it turns out to be a good time to buy, so I tend to hold on.
However, Elon's increased political involvement is now a variable, and it's shaking my belief that Tesla will "go up if I wait."
What do you think?

Would selling Tesla today be considered panic selling?

Tags: Panic Selling TSLA Tesla

◀ PREVIOUS
Let's talk about Tesla

▶ NEXT
The best time to buy in is when the S&P 500 reaches 5500

Comments 9

215.**.27.20 (Created at Feb 27, 2025 06:30:56) | Reply
I think it's bottomed out, but...you never know. It could still go down to the low $200s. I just bought 5,000 shares of TSLL at $14.

235.**.46.171 (Created at Feb 27, 2025 06:30:44) | Reply
The options are either dollar-cost averaging or just holding on.

14.**.221.84 (Created at Feb 27, 2025 06:30:30) | Reply
Cut your losses and take profits - always!!

24.**.24.192 (Updated at Feb 27, 2025 06:29:51) | Reply
It's a panic sell !

181.**.92.58 (Created at Feb 27, 2025 06:29:33) | Reply
Let's think about why you want to sell. Is it because you've lost faith in Tesla, is there another stock you prefer, or are you simply afraid of losing money? Holding onto it for the long term could allow you to sell at a higher price in the future. While Tesla is a good company, it faces several owner risks, uncertainties regarding the feasibility of autonomous driving, and other risks. Its high P/E ratio compared to other stocks indicates that the current price already reflects future potential, making it vulnerable to price drops in the face of poor performance or negative news. There are many other good stocks besides Tesla.

Think carefully. If you're confident in holding Tesla long-term (and personally, I believe you could sell at a higher price point in the future if you do), then keep it. Otherwise, sell and switch to another stock or hold cash while you wait and see. Selling without thinking it through is indeed a panic sell.

155.**.140.45 (Created at Feb 27, 2025 06:28:58) | Reply
I'd sell it if I were you.

66.**.32.13 (Created at Feb 27, 2025 06:28:34) | Reply
selling without a plan = panic selling, selling with a plan=risk manageme

245.**.71.8 (Created at Feb 27, 2025 06:28:25) | Reply
If my average price is that low, I think I'd just hold. Many people are predicting a low of $250 as the worst-case scenario. I think I'd hold, if it were me.

41.**.25.165 (Updated at Feb 27, 2025 06:28:13) | Reply
If your faith wavers, sell now.

Would selling Tesla today be considered panic selling?

◀ PREVIOUS
Let's talk about Tesla

▶ NEXT
The best time to buy in is when the S&P 500 reaches 5500

Let's talk about Tesla

Are there any stocks worth investing in this week? + My thoughts.

Please, please just buy 5000 shares of TSLL... (please)

Please, please just buy 5000 shares of TSLL... (please)

I have some extra money and want to buy Bitcoin, but should I wait?

How much do you pay in tax preparation fees?

US Stock Market Forecasting

My account is currently down over 20%, LOL

The best time to buy in is when the S&P 500 reaches 5500

Let's talk about Tesla

UC is going to be fine, right?

What are your thoughts on the news that Buffett has sold all of his VOO holdings?

Ultimately, I think Trump will ruin the American economy, including the stock market

Are there any stocks worth investing in this week? + My thoughts.

All eyes are on Nvidia – next week is a crucial Nvidia earnings announcement.

Bitcoin: Adjusts and goes up vs Correction's over! Going up soon! vs The bull cycle is over

Cancellation of Microsoft Datacenter Lease Agreement

I have some extra money and want to buy Bitcoin, but should I wait?

Please, please just buy 5000 shares of TSLL... (please)

How much do you pay in tax preparation fees?

US Stock Market Forecasting

My account is currently down over 20%, LOL

The best time to buy in is when the S&P 500 reaches 5500

Let's talk about Tesla

UC is going to be fine, right?

What are your thoughts on the news that Buffett has sold all of his VOO holdings?

Ultimately, I think Trump will ruin the American economy, including the stock market

What is DIGICOS?

Are there any stocks worth investing in this week? + My thoughts.

All eyes are on Nvidia – next week is a crucial Nvidia earnings announcement.

Bitcoin: Adjusts and goes up vs Correction's over! Going up soon! vs The bull cycle is over

Cancellation of Microsoft Datacenter Lease Agreement