Thanks for the ride Tesla Motors!

We sold TSLA with 190% ($98 per stock)  return after one year. Our valuation was around $46 per stock. To avoid the disposition bias I placed stop losses after the exponential growth started off and monitored it very closely. I was aware that it is definitely a mistake to sell winners to early and I prefer to hold stocks at least for 2 years. But the current price reflects momentum rather than value. Our valuation of $46 per stock was already based on the fact that Tesla is able to deliver according to its business plan. Let’s see may be George Soros reflexivity theorem works for TSLA. Good luck for the future Elon Musk! 

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