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Musk’s outspoken nature guarantees controversy. Wasting energy on complaints about his statements or social media antics detracts from focusing on long-term investing. Recognize it as part of his personality and stay committed to your plan.
15. Not Having a Plan B
Heavy Tesla exposure demands contingency plans. If Tesla’s stock crashes permanently, having alternative investments or exit strategies ensures you’re prepared. Diversification is vital for risk mitigation.
16. Not Monitoring Tesla Stock News Regularly
Especially for those heavily invested, staying updated enables swift action if a major negative event occurs. Daily routine news checks help manage exposure and protect your capital.