2024 March Newsletter - A Youtube Video from 2021: "Why I just bought $500,000 of Tesla stock"

In this newsletter, I share content I bumped into the past month that’ll help you become more financially savvy. 

This is not financial advice, so please think through your situation before applying anything you read here. You're responsible for all your financial decisions. 

A Youtube Video from 2021: "Why I just bought $500,000 of Tesla stock"

https://www.youtube.com/watch?v=6fMUWOx4db4&list=PLsxrY4omXElggj_duA_ZksAOqkB5xwsXn&index=9

Why is this relevant?

There's a lot of bad investment advice on the internet these days.

If you'd followed the advice of this Youtuber when he published this video in December 2021, you would've lost more than 50% of your investment by now:

Around 2021, Tesla was one of the hottest stocks in the market. [1] If you weren't invested in Tesla, you looked like a complete idiot - a relic from the stone age who can't catch up with the modern wonders of technology.

It turned out that modern technology couldn't overcome the fundamental forces of economics, and as a result, Tesla's performance hasn't been able to catch up with market expectations.

While I think Tesla is a great company, I want to highlight the gap between the market's expectations of Tesla versus its reality.