How to Bet on All Things Tesla and Elon Musk: From Stock Movements to Publicity Stunts

Tesla and its helmsman, Elon Musk, represent more than just a car company and a chief executive; they are a cultural and financial phenomenon. The electric vehicle giant, under Musk’s visionary and often erratic leadership, has become a focal point for investors, traders, and even gamblers. The sheer volatility and constant news cycle surrounding both the company and its CEO have created a unique ecosystem of betting opportunities that extend far beyond traditional stock ownership. From complex financial derivatives to novelty bets on Musk’s next public statement, there are numerous ways to put your money where your prediction is.

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This article delves into the various arenas for betting on all things Tesla and Musk, exploring the methods, the catalysts, and the significant risks involved.

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The Primary Arena: Betting on Tesla (TSLA) Stock

For most, betting on Tesla means engaging with its stock (ticker: TSLA) on the Nasdaq exchange. However, the strategies for doing so vary dramatically in risk and complexity.

Direct Stock Ownership: The Long Game

The most straightforward approach is buying and holding Tesla shares. This is typically a long-term strategy based on the belief that the company’s innovations in electric vehicles, battery technology, and artificial intelligence will drive future growth. Investors in this camp analyze fundamentals like vehicle production and delivery numbers, profit margins, and the expansion of Gigafactories.

However, even this “safer” path is fraught with risk. Tesla faces intense competition from legacy automakers and new EV startups, potential production bottlenecks, and regulatory hurdles. The stock is known for its extreme volatility, with a high price-to-earnings (P/E) ratio that suggests its valuation is based more on future potential than current performance.

The “Elon Factor”: When the CEO Is the Catalyst

It is impossible to separate Tesla’s stock performance from the actions of Elon Musk. His influence is so profound that it has become a key factor in many trading strategies.

Deciphering the Digital Tea Leaves: Musk’s X (Twitter) Feed

Elon Musk’s account on X (formerly Twitter) is a powerful, market-moving tool. A single post can send Tesla’s stock price soaring or plummeting, as seen in 2018 when his tweet about taking Tesla private led to a 6% price jump. His public statements, product announcements, and even his engagement with memes are monitored 24/7 by traders looking for an edge. This “Elon Factor” means that betting on Tesla is often also a bet on Musk’s next utterance, making his social media feed a critical, albeit unpredictable, data source.

His political activities and the management of his other companies, like X and his role in the Department of Government Efficiency (DOGE), have also been cited as distractions that can negatively impact investor sentiment and Tesla’s stock price.

Beyond the Stock Ticker: The World of Proposition Bets

For those looking for more unconventional wagers, a growing market of proposition (prop) bets allows you to bet on nearly every aspect of Musk’s public life and Tesla’s ambitious projects. These are found on specialized online betting and prediction markets.

Betting on Deadlines and Disclosures

Many of Musk’s ventures are characterized by audacious goals and ambitious timelines. This has created a fertile ground for prop bets on whether these goals will be met. Examples include:

  • Will Tesla’s “Cybercab” or robotaxi network launch by a specific date?
  • Will SpaceX successfully land a Starship on Mars within a certain timeframe?
  • Will Tesla achieve Full Self-Driving (FSD) Level 5 autonomy by a given year?

These bets are wagers on the company’s ability to execute its most challenging and futuristic plans.

The Weird and Wonderful: Wagering on Publicity Stunts

The most speculative—and often entertaining—bets are those on Musk’s personal antics and public statements. Prediction markets have hosted wagers on a variety of Musk-related events. These wagers tap directly into the celebrity and spectacle surrounding Musk himself. The possibilities are nearly limitless and often mirror headline-grabbing events. For instance, one could find markets speculating on the outcome of his much-publicized cage fight proposal with Mark Zuckerberg or even the name of his next child. These bets are less about financial analysis and more about reading the public mood and attempting to predict the unpredictable whims of a man who thrives on surprising the world.

Users can bet on topics such as:

  • The number of times Musk will post on X in a given week.
  • The likelihood of a specific political event, influenced by Musk’s commentary.

These markets operate by allowing users to buy “shares” in a “Yes” or “No” outcome, with the correct outcome paying out at the end. The platforms hosting these wagers often foster vibrant communities where users debate the likelihood of these bizarre outcomes, making it a form of social gambling.

Trump and Musk’s Feud

The volatile relationship between Elon Musk and Donald Trump has created a unique and speculative betting market. Their public alliance, which saw Musk briefly serve in the Trump administration, recently devolved into a high-profile feud, sparking a flurry of proposition bets on prediction markets. Wagers have emerged on everything from the likelihood of a public reconciliation to whether one will unfollow the other on social media. More dramatic bets have included the odds of Trump suspending Musk’s X platform or even Musk endorsing Trump’s impeachment. This betting landscape is driven entirely by their public statements and social media jabs, turning their personal and political drama into a high-stakes spectator sport for those willing to wager on the unpredictable actions of two of the world’s most powerful figures.

Regardless of the method, betting on Tesla and Elon Musk is an enterprise defined by high risk. The company’s stock is one of the most volatile on the market, subject to wild swings based on everything from earnings reports to a single tweet.

The universe of Tesla and Elon Musk offers a vast and dynamic landscape for financial speculation. From the traditional buying and selling of stock to the high-octane world of derivatives and the novelty of proposition bets, there is a method for nearly every risk appetite. However, the very factors that make this space so exciting—unpredictability, extreme volatility, and the larger-than-life persona of Elon Musk—are also what make it incredibly perilous. Whether you are a long-term believer in the company’s vision or a short-term speculator on a publicity stunt, a clear understanding of the risks is paramount.

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Callum McIntyre
columnist