The dispersibility and stabilization of freshly synthesized ultrathin tellurium nanowires with diameters of 4-9 nm using poly(vinyl pyrrolidone) (PVP) as a capping agent can be well controlled through an easy acetone-addition process. Ultrathin Te nanowires synthesized by a hydrothermal method using PVP as a capping agent will aggregate in a water/acetone system, and their aggregation state strongly relies on the volume of water and acetone in this mixed solution. This phenomenon is due to the different solubility of PVP in water and acetone, which has significant influence on the dispersibility and stabilization of the nanowires. The results also demonstrate that the freshly prepared Te nanowires are not stable after being stored for a prolonged time in contact with air, ethanol, and water. Ultrathin Te nanowires can be oxidized easily with various final morphologies, which are core-shell structures in contact with air, amorphous nanoparticles and nanoplatelets in ethanol, and large square flakes in water. The entire conversion process from crystalline Te nanowires to amorphous TeO2 nanoparticles or single-crystal paratellurite (TeO2) at room temperature was carefully studied, implying that tellurium nanowires synthesized by other chemical methods and other nanomaterials after synthesis could also not be stable, and their storage methods require special attention.