Asked by Anonymous

Currently have shares in tesla (nasdaq:tsla), had enough with the volatility due to musk's tweets, any thoughts on whether i should exit my investment now, or hold on?

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  • Terence Tan
    Terence Tan, Finance at Singapore Management University
    Level 3. Wonderkid
    Answered on 01 Mar 2019

    If your investment thesis no longer stands, you should go ahead and sell. If you are uncomfortable, you should sell. But if you are in a paper loss position and you need to think twice.

    I used to have HKland. I was uncomfortable with the fluctations it had with US currency. Thus I sold, but had to wait a while before a better share price kicks in.

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