As you know, our fund is massively short Tesla. We believe that Tesla is going to zero any day now, and we will achieve an impressive 9% IRR after being short Tesla since 2016.
Elon Musk gave us some exciting news this morning: Our Tesla short is now a Tesla and Bitcoin short.
This allows us to kill two birds with one stone. Since Tesla owns $1.5 billion worth of Bitcoin, our fund is now short two massive bubbles with only half the effort. I am very excited for both Bitcoin and Tesla to hit zero, which will happen at any moment according to my models.
As a reminder, your invested funds are in a lockup until the end of 2023. I am confident that both Bitcoin and Tesla will have declined by at least 99% by then, so your accounts will have enormous profits by that time.
Again, please only contact me via email or Twitter DM. Unfortunately, I will not be taking phone calls anymore as too many of you have yelled at me and made me cry over the phone. Please allow 12 to 45 days for a response.
John W. Rich (Wealthy)