A Malaysian Investor's Road to Tesla: Monthly Stock Investment for a Model Y 🇲🇾
After learning about the impending arrival of Tesla's Model Y in Malaysia, I've joined several Electric Vehicle (EV) Facebook groups and have been quite intrigued. However, knowing that cars depreciate from a young age, it doesn't align with an investor's mindset. So, I did a rough calculation - to own a Tesla Model Y RWD (priced at 199K), I should hold an equivalent value of stocks as a prerequisite to purchasing this EV.
The best time to buy would be before December 31, 2025, as there are excise tax, import tax, road tax, and SST exemptions for EVs during this period. Assuming Tesla's current stock price, I would need about 160 Tesla shares, worth approximately RM 209,700 by the end of this period. The breakdown is as follows:
Term: 28 monthsPrice: RM 200,700 (includes transport fee of RM 500, license fee of RM 200, and order fee of RM 1,000)Insurance: approx. RM 6,000Home charging station installation: RM 3,000Number of stocks needed by 2025: 160 shares
To accomplish this by 2025, I'd have to invest in around 5.7 to 6 shares each month, amounting to about RM 7,900 per month. By December 2025, I'd have a 1-to-1 value equivalence, meaning I could essentially exchange stocks for the car, provided the stock price stays around USD $290.
Let's consider two scenarios:
Bull case: If the stock price reaches USD $500 by 2025, I'd only need 92 shares. To accumulate 92 shares, I'd need to invest approximately RM 4,343 in stocks each month.
Bear Case: If the stock price drops to USD $150 by 2025, I'd need 300 shares. But if the stock price drops to USD $150, Tesla cars wouldn't be competitive anymore, and I might consider switching to BYD.
Hence, if you invest RM 5K to RM 8K monthly in $TSLA, and if the stock price exceeds $500 by 2025, you could get a car in a much more affordable manner and might even upgrade to the Performance model.
This strategy is for those who love Tesla cars but lack an investment concept. If you find Tesla cars attractive, why not their stocks? If you can afford to spend RM 3K on a car, you can afford to invest that money in stocks. So, who's ready to get started? Let's go car shopping together!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Jalapenoterry65 : I don’t want the car, but I do like the stock. I will see what car the future holds for me. Being retired I only drive mainly for pleasure in a V-8.
Nigel Chong 庄证评OP Jalapenoterry65 : Smart, definitely smart investor mindset!