Tesla: Top buy-and-hold stock for next 10 years

MONTA CFA joined discussion · Oct 25, 2024 10:37

The better-than-expected Q3 performance led to a remarkable 20% surge, fully recovering the 10% drop from Robotaxi day, where i had previously suggested any pullback should be seen as a buying opportunity. If you miss that post: Tesla: A Buy, note before Robotaxi day

I invested in Tesla back in June and have weathered the roller-coaster of market ups and downs, yet these volatility haven't shaken my confidence in holding. I dont care about how the stock pirce is going to up or down in tmr, next month or even next year. All i need to question myself is whether I want to keep the stocks for long-term like 5-20 years.

I firmly believe that Tesla's innovative power and market-leading position make it an outstanding company for long-term investment. Strongly optimistic that within 5 years, Tesla will surpass Apple's market value. If Tesla becomes the world's most valuable company, I won't be surprised. As I always emphasize, for good companies, the best strategy is to buy and hold.