*By Madison Alworth* The actor Dominic Monaghan drives a Tesla. He even owns Tesla stock. And it doesn't bother him at all how the electric carmaker's CEO Elon Musk has handled the production delays of the much-anticipated Model 3. Monaghan, the Tesla devotee, has confidence in Musk and the company. "I think Elon Musk is an extremely intelligent man, he's obviously projecting, a lot, and he's trying to grow his business very, very fast," Monaghan said in an interview Tuesday with Cheddar. As a consumer and investor, he said he relies on his gut, and how a company and its products makes him feel. Monaghan, who starred in the wildly popular TV show "Lost" and and played a hobbit in "The Lord of the Rings," owns a Model S and said he's Tesla for life: "It's the best car I've ever driven. I'll never drive another car apart from an electric car, maybe a Tesla for the rest of my life." With a new new crime drama, "100 Code," scheduled to have its premiere on WGN America on May 29, Monaghan is excited, and said his approach to acting in new projects is actually similar to his approach to investing. "What I am trying to challenge myself with, with the choices that I make, is a little bit of diversity, which is what I am also trying to do with my money as well," he said, adding: "I don't want to repeat myself or play the same role." The risk-taking actor and spirit-driven investor said he prefers to invest small amounts of money across the board because he lacks confidence in the operations of the stock market. But he has great faith in the products and companies he uses. Those are the same companies you can find in his portfolio. "That was the lesson that I learned," Monaghan said. "Invest in something that you're constantly going to be checking in with." For full interview, [click here](https://cheddar.com/videos/dominic-monaghan-gives-his-take-on-the-stock-market-and-his-brand-new-show).

Share:
More In Culture
On The Scene: Dressing Up for New York Comic Con
Robert Frank, founder and administrator, Sophia Alana Elwell, administrator and lead event organizer and Mike Gilbert, event coordinator, all of DC Cosplayers East, spoke with Cheddar News about the costumes seen at the New York Comic Con.
Cooking With Kadri Hajdaraj
Chef Kadri Hajdaraj, of Kokomo NYC and Oxkale NYC, joined Cheddar News in studio to showcase some of his favorite Caribbean cuisines.
On The Scene: New York Comic Con
New York Comic Con is the East Coast's biggest pop culture event and over 200,000 people attend each year, making it North America's most-attended fan convention. Chris D'Lando, event manager for Reedpop, spoke with Cheddar News to discuss what to expect at this year's festivities.
Load More