I bought 200 shares at an average price of US $234 in June and July 2019. The price went down initially and I carried a modest book loss for most of the ensuing three months.
In October, Tesla released its third quarter results. It showed an unexpected profit for the quarter when most analysts were expecting a loss. The share price jumped by 12% in the premarket on release of the results.
Over the next two months, the share price continued to move up. It hit the magic price of $420 on 23 December.
My investment showed a gain of $37,200 or 79% on my invested sum. Converted to SGD, the gain is $50,000 for six months.
I wish to tell this short story of what happened.