HOW AN AMERICAN MADE AND THEN LOST $415,000,000 ON TESLA STOCKS
• Christopher DeVocht made a fortune on Tesla options - on November 30, 2021, the investor's portfolio peaked at $415,000,000.
• In 2022, DeVocht's fortune began to rapidly melt away when Tesla shares and the entire stock market decided to arrange a "sale of the century."
• The investor hired "consultants" from RBC Dominion Securities, who opened a margin account for him and issued solid loans, which eventually played a cruel joke on him, destroying his entire investment portfolio.
• After losing all his capital, DeVocht sued the company, claiming that they were supposed to help him preserve his wealth by recommending risk minimization strategies.
