A guy invested $25,000 in Tesla when it was worth $2 billion and sold at $7 billion for a 3x return. If he'd held through Tesla's rise to a trillion-dollar valuation, that stake would be worth $6 million. A story about the cost of selling too early.
Chapters
I invested in Tesla when Tesla was at $2 billion, and I put all the money I had straight out of college, I put it into Tesla at $2 billion, and I rode it up till it was at $7 billion or something like that, and I cashed out at a 3x. And I remember at the time thinking, okay, General Motors, they were at $20-something billion, and I was like, one day Tesla could be, you know, half as big or maybe even as big as those companies. It just seemed like that was the roof. And then Tesla went up and became at one point a trillion-dollar company. My $2 billion could have become a trillion basically. How much did you put in? $25,000? Yeah, I had like $25 grand in it. I did the math at one point, and this wasn't the peak, But at one point it was like I would have had $6 million from that.