Tesla Stock Report

Disclaimer: None of the following is financial advice.

I told everyone to buy Tesla stock (TSLA) 2 times over the past ~year. Once on March 8, 2021, and again on February 24, 2022.

How did those trades perform?

March 8, 2021 Trade

My March 8, 2021 trade went extremely well. If you followed the trade, you would have made roughly 110% in about 8 months. For every $100 invested, you'd now have $210.

Figure 1: TSLA March 8, 2021 Trade

February 24, 2022 Trade

My February 24, 2022 trade went extremely well. If you followed the trade, you would have made roughly 48% in LESS THAN 1 MONTH. For every $100 invested, you'd now have $148.

Figure 2: TSLA February 24, 2022 Trade

What if I don't trade?

Buying and holding is a great strategy for a quality asset like Tesla.

If you had bought TSLA as per my March 8, 2021 suggestion and never sold, you would have made about 77% in just over a year. For every $100 invested, you'd now have $177.

Figure 3: TSLA March 8, 2021 Buy and Hold

How did this perform against the S&P 500?

If you bought and held the S&P 500 index (SPY) from March 8, 2021, to today, you would have made about 17% in just over a year. Far less than the 77% from TSLA over the same time period.

Figure 4: SPY March 8, 2021 Buy and Hold

What if I held cash?

If you held cash last year, you lost ~8% of your money, according to the February 2022 CPI report from the US Bureau of Labor Statistics.

But CPI inflation numbers are inherently incorrect. I estimate inflation at 10-15%. Going forward, you will lose 10-15% of your money per year to inflation.

Holding cash is the opposite of investing – you lose money. The rich get rich (and stay rich) by investing in assets. The poor stay poor by holding dollars.