5/ I happen to think @jaberwock22.bsky.social's idea of a dividend fund is worth considering. I can tell you this: it's highly unlikely Tesla will ever pay any dividend. It is a "greater fool" stock. The strategy of many holders is to sell it to someone even more foolish than they are.
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Write or call the plan administrators. Urge them to sell their TSLA.
But what's the best pitch to make to them?
I'm unaware of any 401k that allows 100% self-directed investing, but I am not an expert in that field and so can't say whether some do.
Those things are all true, but that's not the best pitch.
Be ready with a simple example. Right now, based on Tesla's likely profits in 2025, it would take more than 100 years for Tesla to earn enough to repay the cost of its shares...
Mutual funds rarely are so activist that they try to create their own value assessments of each stock held.
Tesla haslong had high P/Es - and history has shown that padt ones were deserved - because it's a dominant player in hugely growing markets. Famously EVs, which are still far...
By contrast, it would take any other major auto co. only about six to eight years.
https://www.ft.com/content/62df8d8d-31f2-445e-bfa2-c171ac43db6e