I Sold All My Tesla Stock (Not Bullish on Elon Musk)
Back in 2019, I was one of the biggest Tesla fans and truly believed that TSLA stock would become the biggest and most valuable company in the world.
I posted countless TSLA stock videos on my old Youtube channel encouraging investors to understand why Tesla could become a multi-trillion dollar company.
Fast forward to 2025, I decided to sell 100% of my Tesla shares and will no longer invest in Tesla anymore.
Here are the main reasons why I sold my Tesla stock:
- Declining Annual Deliveries
- Fundamental Reasons
- Technical Reasons
- Elon's Racist Remarks
- BTC or MSTR is a Better Play
Declining Annual Deliveries
Tesla's annual deliveries declined for the first time in 2024 amindst growing competition from other EV brands and backlash against Elon Musk's political stances.
Bad Fundamentals
- Tesla is facing razer thin operating margins and reduced free cash flow
- EV sales revenue is dropping like a rock
- Tesla trades at a super high P/E ratio over 100 when the average S&P 500 stock trades a Price to Earnings ratio of around 25
- Tesla may have lots of products planned for the future but it's currently just an overvalued electric vehicle company
TSLA Technical Analysis
Tesla stock formed a massive double top during both 2021 and 2024. That's extremely bearish in my opinion since many sellers couldn't wait to sell their TSLA shares.
