Imagine holding Tesla stock for years, riding the ups and downs, only to wake up one day and realize 75% of your shares are gone. Poof. Just like that. Feels like a gut punch, right? Well, welcome to the world of the Tesla Max Yield ETF—$TSLY.
Bradford’s latest video rips the lid off why $TSLY isn’t just a questionable strategy—it’s a share slaughterhouse. And we’re not talking hypothetical losses. The math slaps, and the results sting.
The Allure of $TSLY (And Why It’s Fool’s Gold)
Look, $TSLY knows how to bait the hook. “Maximum yield” and flashy payouts? Who wouldn’t be tempted? But here’s the kicker: that shiny yield comes at the cost of your shares.
TSLY aggressively sells 4% out-of-the-money weekly calls on Tesla stock. On paper, it might feel like an easy win. In practice, it’s like tossing your shares into a wood chipper and hoping for the best.
In 2023, TSLY returned 50.55%—not bad until you realize Tesla’s stock itself climbed 101.24%. If you swapped $TSLA for TSLY, congratulations—you just lost 25% of your shares in one year. 2024’s shaping up to be another bloodbath with an additional 22.43% haircut.
So, Why Does This Happen?
It’s simple. TSLY plays the most aggressive covered call game in town. While covered calls can be useful, TSLY doesn’t just tiptoe the line—they sprint past it. This isn’t your “sell a call and pocket some lunch money” play. It’s an all-in wager that your shares won’t get called away—until they do.
And trust me—they do. A lot.
Bradford doesn’t sugarcoat it. He flat-out calls the strategy “degenerate,” and he’s right. TSLY conveniently skips showing backtests on their website (gee, wonder why), and even in the rare cases they outperform Tesla, it’s usually when Tesla’s down bad—like 2022. But even then, the long game is brutal.
The Real Tesla Investor Playbook
Rebellionaires know the score. We’re here to stack shares, not shred them for pocket change. Bradford spells it out—add, don’t subtract. That’s the mantra. Covered calls? Sure, but with a fat margin of safety, far away from TSLY’s reckless playbook.
When we sell calls, it’s about making small, strategic plays without risking the core stack. Most weeks? Those calls expire worthless. And that’s fine. We’re just piling more on top of what we already hold. That’s how you build wealth—without torching your foundation.
The Takeaway: $TSLY Is Like Quicksand for Tesla Investors
If you’re in the game to build long-term wealth through Tesla, steer clear of $TSLY. It’s not a shortcut—it’s a slow, steady leak that drains your position over time.
For hodlers with 2,500+ shares, we’ve got better tools. Tactics that defend your stake while letting you capitalize on Tesla’s rollercoaster ride.
Curious for more? Watch the full breakdown [here] and see for yourself why TSLY’s math just doesn’t math.
Because the only thing worse than missing Tesla’s moonshot is realizing your shares got left behind on the launchpad.
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