Did anybody buy their Tesla using TSLA stock money?

[1LE McQueen]

I was about 99% ready to pull the trigger on a Model 3 until this crash that occurred over the last week or two. But I was just curious - did anybody pull their money out of TSLA, or any other stock for that matter, at any time to put a down payment on or outright buy your Tesla vehicle? When did you figure it was the right time to do so? And do you have any tips or advice for anybody who is thinking about doing the same?

I read all of your responses but forgive me if I don't respond immediately, I'm usually typing this stuff on mobile. Thanks!

 

[Mengy]

I don't own a Tesla yet, but when I buy my Model Y either later this year or sometime next year I will finance it and make the payments by selling shares of TSLA over time. I am confident my TSLA stock value will increase at a much greater than any loan for the car will accrue interest.

 

[Johann Koeber]

Actually I own TSLA and wrote covered calls to pay for the more recent Tesla’s I have ordered (MS Plaid+, Next gen Roadster).
My first Roadster convinced me to invest in the company. Since then I have been accumulating shares. Only time I sold was to pay for real estate.

 

[ReddyLeaf]

I will be selling covered calls to fund my MS Plaid+ purchase in 2022-23, as well as a LR MY for a family member. As long as TSLA stock gets back over $900 well, actually $1000, Elon and company will be getting at least 25% of my gains.

 

[15Peter20]

I was going to pay cash but, instead, took out a Tesla loan and bought TSLA with the cash back in October 2020.

I figured that TSLA should grow by a bit more than 3.99% PA.

 

[LN1_Casey]

I paid 50% of my tesla from the proceeds of my TSLA. As I only put in 40k, and took out 78k, and still have much more than that in the market, I feel it was a good choice.

Now, I also missed out on like 30k from selling those shares. But then again, that'd only have been if I sold at the high, and I'd still be short a car otherwise. So I don't really have any regrets.

 

[cdub]

Resurrecting an old thread here.... interesting to see the results from before the crash.

I'm considering selling some stock to pay for my Y. (Stock up 278% invested here and there since 2013ish)

 

[CleanDemon]

Cash for 3 Teslas.