The creator details his single-day loss of nearly $100,000 from Tesla stock, contextualizes it within larger losses over time and his margin debt, and then breaks down the market and political reasons for the drop. He concludes by reaffirming his long-term investment thesis, explaining his plan to hold his shares and pay down debt, and advising others that this is a buying opportunity.
Post caption
-$98,000 today. My largest single-day loss ever. 💀📉
$234K down over the past year, $140K in margin debt, and 10 days until my 30th birthday.
The road to $1M by 30 isn’t looking too good. 😂
But the thesis hasn’t changed. Still holding. Still paying down margin debt. Still bullish on TSLA long term.
#TSLA #Tesla #Investing #StockMarket
Transcript
I just lost over $98,000 in a single day. Tesla stock is down over 11% today to around $340 making this the largest single day loss I've ever experienced. And it gets worse. I'm down $140.40 k this week, $87,000 this month, $183,000 year to date, and $234,000 over the past year. And did I mention I'm in a $140,000 of margin debt? Safe to say I'm not gonna become a millionaire before my thirtieth birthday in ten days. But what the mother hell is happening to Tesla? Well, the entire market is getting cooked today with AI and Big Tech taking the biggest hits. Following the midterm elections, Democrats just flipped Texas Blue for the first time in decades, which is bad for Elon Musk and his companies. More regulatory scrutiny affects autonomous vehicles, AI infrastructure, rank Tesla's TerraFAT project. And yes merger between Tesla and SpaceX could also face additional political and regulatory risks. So basically, we're seeing a massive market wide AI sell off with Tesla specific political uncertainty. So how am I feeling about losing nearly $100,000 in a single day? Just fine, actually. I've been through plenty of brutal market sell offs before rank my conviction in Tesla's long term future remains unchanged. Tesla's robotaxi technology didn't suddenly get worse overnight and Optimus didn't suddenly lose its potential to revolutionize fiscal labor. The long term investment thesis hasn't fundamentally changed, yet the stock just dropped 11%. To me, this is short term pain, market noise. I call that a buying opportunity. So am I buying the dip? No, because I still have to pay off my margin better. But if you've been waiting for a dip, this is the mother of all dips. An 11% drop in a single day is insane. If you've got dry powder, this is definitely the time to buy, not financial advice. So what's my plan? The same it's always better, holding my 2,000 Tesla shares and paying off my margin debt. My conviction in Tesla hasn't changed, only my net worth has Follow to see how this plays out