A Tesla investor sold their entire position after reading Reddit arguments that the company was doomed, citing photos of unused cars in garages. That $25,000 investment would be worth $6 million today. The stock went up roughly 100 times after they left.
The only stock I owned early on was Tesla, and I did the math once. That $25K would have been like $6 million by now if I just held. And instead I went on Reddit, basically like a group of people that believe that Tesla is like going to zero. They would be like, guys, there's this garage in Phoenix and there was only Teslas parked on 6 stories. And he's walking up and he's like, they're stashing them here because if they just leave them in the factory lot, it's clear they're not selling. They're piling up. He's like, look at this. This one has— and he's like putting his finger on it. It's got dust. He's like, look at this. This hasn't moved in months. And I was like, he's right. Thank you, u/ 3, 3, 3, kitty kitty, hot hot. And I was like, just taking all these signals from people on Reddit and I sold. I was like, yeah, get out of the top, boys. And then, uh, you know, it like 100x since
