for doing that and also big thank you to URL_TOKEN for sponsoring this video but more on that later all right so all of this started when i bought my tesla model NUMBER_TOKEN in the beginning of NUMBER_TOKEN and the moment i drove the car i was obsessed i'll admit even though i thought teslas were cool i never really understood the true appeal of the car until i got behind the wheel and it was like the equivalent to driving an iphone it was quick it was futuristic it was relatively affordable after ev subsidies and after a few minutes of driving at home i realized that this was leaks beyond anything else that was on the market so as soon as i got home i invested in tesla stock because i felt that if i enjoyed the car this much other people would too and that would bode well for the future price now just for some context when i made that initial investment the price was trading at a split adjusted NUMBER_TOKEN dollars a share in march of NUMBER_TOKEN and even though i didn't invest my life savings into the stock i did invest enough where if it paid for the sales tax of the car i would have been happy but my intention initially was to hold on to it and never sell now even though NUMBER_TOKEN back then was an incredible deal in hindsight right after i bought into it the stock just tanked it was quite literally like that meme or as soon as you buy into something it drops and then as soon as you sell it goes back up because my timing was just absolutely awful especially for being one of the first individual stocks that i had purchased since high school that wasn't an s p NUMBER_TOKEN index fund i'm not even exaggerating but in the first few months i don't think i even had a single day of profit with tesla i just bought in and then every day after that it went down at the time it dropped all the way down to a split adjusted NUMBER_TOKEN dollars a share meaning i had lost one third of my entire tesla investment in NUMBER_TOKEN days there was just article after article about bad news for tesla issues coming out from everywhere and i was quickly reminded of why i tend to stick with index funds instead but since this was meant to be a long-term investment i just held it out and let it ride to see what happens but thankfully i didn't invest an amount that i wasn't comfortable with losing even though i hate losing money so that made holding onto the stock that much easier without feeling the pressure of it going down in value however that was two and a half years ago and now today the stock i originally paid NUMBER_TOKEN dollars for is trading at above a thousand dollars a share but in terms of having sold tesla stock here's where we start to draw some pretty creepy parallels to what's happening now today see throughout the beginning of NUMBER_TOKEN the price of tesla stock followed a very similar path before their five to one stock split like on january NUMBER_TOKEN it was NUMBER_TOKEN dollars a share a week later it was NUMBER_TOKEN overnight it jumped from NUMBER_TOKEN to NUMBER_TOKEN and then a few days after that it went from NUMBER_TOKEN to NUMBER_TOKEN at which point it became clear that that momentum was driven by a few temporary factors first throughout early NUMBER_TOKEN tesla was the number one most shorted stock in the stock market which if you're not familiar with what that is shorting a stock is basically a bet that the price of
START_INTERACTION_TOKEN for doing that and also big thank you to URL_TOKEN for sponsoring this video but more on that later END_INTERACTION_TOKEN