How Much Money I Made On Tesla Stock... | Summary and Q&A

TL;DR

Tesla stock has experienced a significant increase in value, resulting in substantial profits for investors.

Key Insights

• 🤪 Tesla stock has undergone a dramatic turnaround, going from struggling to soaring in just six months.
• 💐 The narrator emphasizes the value of consistently lowering cost basis for long-term stock investments.
• 🥺 The surge in Tesla stock has led to it becoming one of the top-performing positions in the investor's portfolio.
• 🫵 The narrator encourages viewers to join their private stock market membership group to receive expert insights and guidance in stock investing.
• 🙃 The content highlights the importance of transparency and the ups and downs of investing in Tesla stock.
• 🥹 Tesla stock's recent success has exceeded expectations, potentially making it the second-largest holding in one of the investor's accounts.
• ✋ The narrator's experience with Tesla stock showcases the potential gains that can come from choosing and consistently investing in a high-quality company.

Transcript

how you fidelity investments it's Jeremy calling hey it was just curious um I don't a whole lot of Tesla stock and I see it's gone up like crazy last few days and I was just wondering like how much money am i up exactly yeah go ahead and tell me I'm ready I don't own any more tests of stock what I sold out of it on Tuesday what are you talking abou... Read More

Questions & Answers

Q: How has Tesla stock performed in recent times?

Tesla stock has experienced a significant increase in value, resulting in substantial profits for investors. Just six months ago, the narrator posted a video discussing losses incurred from Tesla stock holdings.

Q: What is the narrator's cost basis for their Tesla stock?

The narrator's cost basis for their Tesla stock ranges from $227.54 to $238.88, depending on the account. They have successfully lowered their cost basis multiple times.

Q: How much profit has the narrator made from their Tesla investments?

As of now, the narrator's total gains from their Tesla investments amount to approximately $29,530.

Q: Why is the narrator hesitant to sell their Tesla shares?

The narrator believes that Tesla stock has the potential to reach higher prices in the future, possibly even surpassing $1,000 or more. Selling now would go against their long-term investment strategy.

Summary & Key Takeaways

• The content discusses the recent surge in Tesla stock and highlights the drastic change in fortunes, from losses to gains, over the past six months.

• The narrator shares details of their own Tesla stock investments, including the number of shares held, cost bases, and overall gains in multiple accounts.

• The analysis emphasizes the importance of lowering cost bases and the potential for Tesla stock to become a significant holding in the investor's portfolio.