DO NOT SELL TESLA STOCK! WATCH THIS BEFORE YOU SELL TSLA!

If you sell Tesla Stock early, you could get hit with something that takes away money from you. If you are planning to buy more or hold onto Tesla Stock, be sure you watch today's video before you cash in your earnings to make the most out of that TSLA sale!

#tesla #tsla #teslastock

STUFF I RECOMMEND!

HOW I MADE THIS VIDEO:

Tesla Stock has been on a significant rise, especially in this last year. Rising over 659% in the last year alone, the TSLA stock has been on quite a bull rally. This causes a lot of people to start a Tesla Stock prediction scheme which also attracts those wanting to get rich quick on this Tesla News.

STOP!

You can make (or rather, KEEP) more of your money by timing how and when you sell your Tesla Stock to avoid Capital Gains tax. Once you decide to sell a stock for a profit, the government (good 'ol Uncle Sam) decides to take out taxes on your profit by means of Capital Gains Tax. There are two types of tax that will hit you in this case:

Short Term Capital Gains Tax - taxes on any stock gains (also applies to real estate or more) when you sell a stock less than one year from the day you purchased it. So if Tesla falls into the stocks to buy now for you, be sure you are smart and hold TESLA stock for at least one year.

Long Term Capital Gains Tax - tax on any stock gains sold typically after one year of holding on to the stock.

In our example, you can save over $4,000 by simply holding onto Tesla Stock a bit longer. If you purchase in now, just be confident in the company and HODL (Hold, Hold, Hold) for one year! If you end up selling early you could end up giving up more money to Uncle Sam. Who the heck wants to do that? Instead, keep your tax money to yourself by taking advantage of the Long Term Capital Gain opportunity.

Did you purchase Tesla Stock? Do you feel TSLA is still a buy or is it a hold? Comment below and let's chat!

Chapters of Today's video on DO NOT SELL TESLA STOCK!
00:00 Introduction
01:23 Buying Tesla Stock
02:50 Warning if you Sell Tesla Stock
05:07 How to Make the Most Money on Tesla Stock

Did you enjoy today's video? If so be sure to LIKE, SUBSCRIBE, and SHARE!

Yours in Financial Success,
Bob

*Disclaimer. Bob is NOT a financial advisor. All information is for edutainment only and you must consult with a tax and/or investment advisor prior to making any action with your money. Some of the links and other products that appear on this video are from companies in which Bob Sharpe earns an affiliate commission or referral bonus. Bob Sharpe is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

Music Credits:

End Screen: RetroFuture Clean by Kevin MacLeod

[BobSharpe]

I hope this video helps someone save a BOAT LOAD of $$ on #TSLA! Do you own TESLA? If so, tap that like button above on the video 👍

[carolmaz]

But you could lose same amount on price change

[sergiorivera]

If a year has passed and i’m ready to sell but the price of the shares is dropping should I wait until it has gone back to green and then sell?

[robbieb]

Don't cash out. I made that mistake with NVDA when I sold it at 250.

[lemonad]

Past studies have found that companies  to the  experience increases in their share values, and yet recent studies with the largest samples also have shown that there are no corresponding declines in share values when firms are deleted from that index

[danielp]

Bought it at 738.00 should I sell it now? I’m new to investing, I’m scare 🥶🥶🥶🥶🥶👍

[Sarasdad]

March 8th would've been best Tesla was over $72 a share. Now at over $649 a share. If you'd have taken a LEAP 100 call option, or maybe 2 100 options for a 9 month expire, you'd be rolling in the doe now.

[Hemepath]

Very helpful. Thank you so much! I sold and rebought Tesla stocks. Do you think I still need to pay a whopping amount of tax?

[kevinkidneyy]

Your taxed at your tax bracket not giving up profit to avoid taxes . Great video man

[siennagonzalez]

You are the best! Literally giving out information to people probably beginners just like me watching this video not knowing the tax law. Your video is so helpful, thank you! Everyone grab a pen and piece of paper!

[bens]

Is that only in America if I sell Tesla?

[AndreFarrar]

I'm already going to get hit with the 24% capital gains tax. I didn't care after that March crash and years of other ups and downs. Sometimes you gotta lock in profits.

[kurpal]

Is there a long term state capital gain tax as well?

[Stockaholics]

-24% to taxes sounds a whole let better than -90% when the bubble goes to me lol. 🤷‍♀️

[opinionmatters]

Sell it all now. It’s only worth about $200. Wake up from you’re dream

[dandamico]

Lol who sells Tesla stock holdings till 2030 talk to me then when it’s a 2 trillion dollar company

[EvangelistRBColbert]

If you are going to hold on to any stock less than 5 years, don't invest.