Making Millions of Dollars with a Roth IRA and Tesla Magic!

BEFORE I BEGIN, I EMPHASIZE THAT ALL OF WHAT I WRITE IS MY PERSONAL OPINION AND SHOULD NOT BE TAKEN AS FINANCIAL ADVICE.  THAT SAID:

Every American who has a job, is entitled to a Roth IRA account and can put $6k in it every year. ($7k if you're 50 or over)  It is an Individual Retirement Account per the Taxpayer Relief Act of 1997, named after Delaware Republican Senator William Roth.  It allowed only a $2k contribution per year when it started 25 years ago and now it allows $6k per year and is expected to grow even more!  The amazing advantage of this type of IRA is that since you are putting in money for which you've already paid income taxes, ALL MONEY, that is, both contributed and growth, in your Roth IRA is TAX FREE and can be taken out TAX FREE after 5 years or the age of 59-1/2, whichever is later.  Put in your annual $6k, earlier in the year is better, or, if necessary, set aside $500 per month for this purpose.  If both people in a household have jobs, then have 2 Roth IRAs and put $500 in each account per month.  Doing so in your 20s and 30s will practically guarantee becoming a MULTI-MILLIONAIRE AND FINANCIALLY INDEPENDENT in 20 years IF you invest in Tesla with stock symbol TSLA.  Simply buy Tesla stock with the $6k you put in every year.  After 10 years, you'll have $1M, and in 20 years, you'll have $60M, ALL TAX FREE.  You'll be in your 40s or 50s and financially independent.  And twice all of that for 2 breadwinners.  It is hard to believe, but the numbers don't lie.  For young people, a Roth IRA, especially with Tesla stock, is a “NO BRAINER.”

Here’s why:

In the last 2 years, Tesla stock has grown 10x or 10-fold ($108@WE25MAR20 to $1014@TH24MAR22), 1000% from $100 to $1000.  Tesla's CEO, Elon Musk, the richest man in the world, said he expects Tesla to continue growing WELL OVER 50% per year for the foreseeable future.  From its Initial Public Offering (IPO) in 2010 to the present, a period of 12 years, Tesla stock has grown from $4 per share (split adjusted) to $1000 per share or 250x.  That is an average of 58% per year.  The numbers of $1M and $60M are based upon 50% not the 58% they have been averaging for 12 YEARS!  Personally, I believe the average growth will be at least 60% producing balances of $2M and $200M over the 10 and 20 year periods respectively.  And Tesla is just now doubling its number of factories.  Don’t confuse a Tesla Gigafactory with the other car makers’ assembly plants.  For example, Toyota has 67 assembly plants and makes 10M cars per year, or about an average of 150k cars per plant per year.  A single Tesla Gigafactory can scale to millions of cars per year.  Until 2022, there were only 2 of these technological marvels and this year’s production, primarily based on these 2 alone, is forecast to be about 2M cars which is twice the production of last year, which was twice the production of the previous year, and so forth.  Every year a Tesla Gigafactory becomes more efficient.  Now Tesla has 4 of them.  Even advanced German engineering is no match in efficiency.  VW takes 30 hours to produce each car.  Tesla takes only 10 hours.

Monopolies are not dead.  When it comes to smartphones (Apple) or the enterprise (Microsoft) or search (Google) or e-commerce (Amazon) there is virtually no competition.  Each of these trillion-dollar American companies are effectively without competition and each dominates a particular industry which is now mature and reaching saturation.  On the other hand, Tesla, the only other trillion-dollar company, is disrupting not one but at least 5 whole industries with opportunities that are far from saturated.  For example there are 2 billion vehicles in the whole world, practically all of which are NOT electric and even at the rate of making millions of electric cars per year, it will take a very long while to saturate this market.  

Five industries where Tesla, like the other trillion-dollar companies, has no real competition are (1) the auto industry with its Gigafactory "the machine the makes the machine" since a Tesla Gigafactory is without peer with respect to production capacity (cars per year) and efficiency (hours per car) and is 3 times more profitable, (2) Artificial Intelligence (AI) with its soon to be autonomous vehicles, (3) Artificial General Intelligence (AGI) with its upcoming Optimus humanoid robot, (4) smart energy generation & storage (Solar Roof, Powerwall & Auto-bidder software), and (5) smart auto insurance (tailored to the individual driver).  The more you examine this phenomenon, the more outrageous it is and the greater the carnage will be for the status quo.  Remember, Nokia, Blackberry, Kodak, Polaroid, Blockbuster, all were effective monopolies until they were quickly disrupted.  Tesla's unique strength is its speed of innovation, its engineering and efficiency.  It is in its culture.  Per Elon Musk, "The best part is no part, the best process is no process." Tesla is not a once-in-a-lifetime phenomenon, it is a once in HISTORY phenomenon.  The other trillion-dollar success stories, were just the warm-up bands, amateurs!  Tesla will be the largest company in less than a decade.  I personally believe it will only take a few years.  We truly live in an exciting time!

If you like, look into it yourselves.  Google Elon Musk's "Master Plan" Parts 1 and 2 and he is about to release Part 3.  Watch the YouTube channels "Solving the Money Problem" and "Best in Tesla" and "Tesla Daily" and "Dave Lee on Investing" and many more.  Also watch Tesla’s “Battery Day” or “AI Day” videos or this recent interview for TED Talk:  https://youtu.be/YRvf00NooN8  Or just follow my lead.  I've watched them all.

For yourselves, for your children and for their children, do this.  What do you have to lose?

Four times each year Tesla reports its quarterly deliverables and quarterly earnings reports.  Add to that the stock split announcement only 2 years from its previous split and the openings of the state-of-the-art Gigafactory in BOTH Germany, the heart of German automotive engineering, and in the Great State of Texas.  There is a lot of good news for Tesla.

I've studied this closely.  As a National Science Fair winner, an MIT admittee, an MSEE, and an entrepreneur, my expertise is in this technology, and I have NO DOUBTS.  I have put all my own money in this.  I use Fidelity Investments.  They are large, well-established and recognized, and charge no fees.  Feel free to call me at 703.973.2631  anytime about this historic opportunity or anything else for that matter.

Thousands of “Teslanaires” have been made, and many more will be.  Let’s join them!

Just as an aside, when I learned that my wife can open her own Roth IRA even if she doesn't hold a paying job as long as we file our income taxes jointly, she opened up and deposited both 2021 and 2022 Roth IRA contributions of $7k for each year (since she's over 49) and bought 14 shares (all that she could) of TSLA at $986 during Premarket trading on MO18APR22 (the tax payment deadline for 2021).  Now let's see how that grows, all tax free, by year's end!

There are income limits (MAGI or Modified Adjusted Gross Income) to qualify for using a Roth IRA.  For single filers it's under $140k for tax year 2021 and under $144k for tax year 2022.  For joint filers it's under $208k for tax year 2021 and under $214k for tax year 2022.