My first TSLA stock purchase made in August 2012 is now 100x ($5.94/share to $599.04).

Here's a thread.

At $637/share all my TSLA stock purchases in 2012-2013 will be 100x.

I'm more in humble awe & wonder than I am excited or exuberant. I was never taught the power of a 100x investment, but to have discovered it... it makes me question even more traditional and conventional thinking.

I know that my TSLA investment could do down, and that's fine. I've got a long-term view and the company is executing even better than my highest expectations when I first invested.

But it's an interesting place to be, to look at 100x in retrospect and not in anticipation.

When I first invested in TSLA, I did think that Tesla would do a 10x ($3b to $40b market cap) as shared in the 2012 CEO Compensation Plan. And I thought TSLA had potential to do another 10x if they reached their first 10x en route to becoming the largest automaker in the world.

However, I did NOT expect the 100x to come in just 8 years, and with purely holding common stock.

This is mind-blowing to me, to say the least. How is this even possible?

I've been thinking a lot about the key ingredients required for investing for crazy gains, and I just don't see this stuff being taught almost anywhere. But I think it's tremendously valuable.

For those curious, I did a video a while back and how I built conviction to buy TSLA at $30 (or $6/share post-split) in 2012.

Also, I shared here's a real-time blog of sorts of my real-time thoughts and analysis from that time period.

https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/

I divide up my TSLA shares into two groups. 1. Shares purchased from Aug 2012 to March 2013. Put 80% of all liquid assets into TSLA at this time. Was saving 20% of liquid assets for down payment on new house.

I still hold practically all these shares in this first group.

2. Spent remaining 20% of liquid assets (house down payment) and bought TSLA options on May 9, 2013 after Q1 earnings.

When options expired in 2014 and 2015, I sold some but exercised the rest.

Had to take margin loan to do that (transferred to asset-backed line of credit).

Took me 2-3 years to pay off this loan, and was thrilled when I did. I hated having debt, even though it was backed by my TSLA shares.

This 2nd group of shares, I'm keep with more loose hands and they are less super long-term like my 1st group of shares.

At one point my 2nd group of shares was probably about 35% of my total TSLA shares. Now they make up roughly 20% of my total TSLA shares. This will likely trend down over time.

I have nothing to prove and have zero interest in bragging (which is complete silliness to me), but I'm sharing this to help people be open to unconventional outside-the-box thinking and approaches, not just with investing but in life. Most of the time the herd isn't right.