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Elon Musk Fan With 2,900% Gain Sees $1.5 Million Wiped Away

Tesla’s brutal performance in the stock market has hammered the fortunes of retail investors who stayed loyal to the once high-flying company.

Bloomberg business news
Musk May Never Be World’s Richest Man Again

Doug Coyle’s son told him to sell the shares. 

The 68-year-old retired landscaper first started investing in Tesla Inc. in 2012 after hearing about Elon Musk, who wasn’t nearly as famous at the time. Over the next decade he put about $100,000 into the stock, and his investment value ballooned to about $3 million at the peak in November 2021.