Hindsight can be a painful thing. How many electric vehicle-loving, Joe Rogan podcast enthusiasts are currently cringing at the fact that they did not buy Tesla (US:TSLA) shares at the end of 2019 – when Model 3 sales were skyrocketing in the US and Europe, helping drag the company’s income statement into the black for the first time?
Tesla’s share price has climbed almost 13-fold since it reported its first quarterly profits in October 2019 – a share price movement that has made its founder and chairman, Elon Musk, the richest man in the world.
But those of you kicking yourself for missing the surge, consider this: would you honestly have held onto your shares throughout the last 14 months?