Relax to Rich | Week 23 Recap (Ending June 6, 2025）
No hype. No panic. Just calm, thoughtful investing.
💡 Investing Doesn’t Have to Be Complicated
R2R is built on simple principles:
✅ Stay patient
✅ Focus on high-quality assets
✅ Use options wisely
✅ Let time and compounding do the heavy lifting
Each week, I share what’s happening in my personal portfolio and how I’m responding—wins, losses, and lessons. If you’re here to grow wealth calmly and intentionally, you’re in the right place.
📌 Weekly Activity
This week, I didn’t buy or sell any stocks—but I was active on the options front:
- 🔄 Rolled several Tesla put positions due to the sharp drop after Musk’s feud with Trump hit the headlines.
- ✅ Closed and rolled a few QQQ puts and calls as part of my ongoing hedging/income strategy.
No drama—just managing risk and cash flow with intention.
📈 Performance Snapshot
(From Sept 28, 2022, through June 6, 2025)
Measured using Time-Weighted Return (TWR). Starting NAV: 1.00. Current NAV: 2.88.
👉 This week’s Tesla-driven drawdown hit hard—but I focus on fundamentals, not headlines.
💼 Current Portfolio Snapshot
Weight includes delta-adjusted stock + options exposure.
💬 Curious about “delta” or “cash equivalents”? Drop me a message—I’ll happily explain.
🔍 Key Events This Week
🚗 Tesla (TSLA)
The Musk–Trump Feud (Full Recap)
This week, Tesla’s stock fell 14% in one day, wiping out $150B in market cap—one of the worst daily losses in its history. The cause? A full-on, very public meltdown between Elon Musk and President Trump.
Background Context (Pre-June 2025)
- Musk and Trump were close allies. Musk donated over $250M to Trump’s 2024 campaign and the GOP.
- He served as head of DOGE (Department of Government Efficiency), slashing federal costs.
- He stepped down May 28, and Trump praised him with a symbolic “Key to the White House” on May 30.
June 3: Feud Begins
- Musk called the “One Big Beautiful Bill” a “disgusting abomination” that would add $2.4 trillion to the debt.
- He told his 220M X followers to oppose the bill, criticizing EV subsidy cuts and the massive deficit impact.
June 5: Feud Erupts
- Trump accused Musk of being upset over lost EV credits and acting in self-interest.
- Musk fired back:
- Denied seeing the bill.
- Said it was rushed through Congress in the dark.
- Claimed Trump was in the Epstein files.
- Endorsed a post calling for Trump’s impeachment.
- Threatened to decommission SpaceX’s Dragon capsule.
- Claimed he “made” Trump president.
June 6–7: Escalation and Cool-Down
- Trump: Called Musk “crazy,” hinted at cutting his contracts.
- Musk: Walked back the Dragon shutdown, deleted the Epstein post, but continued slamming the bill.
- Both signaled some openness to de-escalation, but tension remains.
Extra Context:
- Trump revoked the NASA nomination of Jared Isaacman, a Musk ally.
- Musk polled X users about starting a new centrist political party.
📉 Tesla shares plummeted 14–14.3% by market close, erasing approximately $150–$152 billion in market value. Trump Media, parent of Truth Social, also fell 8%.
👉 I wrote an article about “Is Elon Musk a Good Leader?”, explaining from different perspectives including shareholder standpoints—like us. Please take a look: Is Elon Musk a Good Leader?
Let’s compare Elon and Trump:
Elon Musk: The Uncompromising Idealist Elon Musk operates like a visionary on a mission, driven by big-picture goals—colonizing Mars, revolutionizing transportation with Tesla, or slashing government waste through DOGE. His idealism means he’s willing to burn bridges, alienate allies, or tank his own stock if he believes he’s fighting for what’s right. This week’s feud with Trump is a perfect example. Musk didn’t just disagree with Trump’s “One Big Beautiful Bill” (a $2.4 trillion spending package); he went nuclear, calling it a “disgusting abomination” on X, accusing Trump of lying, and even tossing out an unproven Epstein jab. He didn’t care that Tesla’s stock plummeted 14%, wiping out $150 billion, or that his #TeslaTakedown protests gained steam. To Musk, the principle—opposing a deficit-ballooning bill that clashed with DOGE’s mission—was worth the cost.
Musk’s not built for politics because he lacks the stomach for compromise or coalition-building. He’s all-or-nothing. Look at how he handled the Jared Isaacman NASA nomination drama: when Trump revoked it, Musk didn’t negotiate quietly; he polled X about starting an “America Party” on June 5, hinting he’d ditch the GOP entirely. That’s not a politician’s move—it’s a purist throwing a grenade. Musk can’t seem to forgive and forget like a seasoned politico. If someone crosses him, like Trump did, he doubles down, even if it means self-sabotage. His X posts this week, like endorsing Trump’s impeachment or threatening to decommission SpaceX’s Dragon, show he’s more about making a point than playing the long game.
Donald Trump: The Deal-Making Politician Trump, on the other hand, has morphed into a deal-maker who thrives on leverage, loyalty, and cutting deals at the right price. He’s not a traditional politician either—his brash style and Truth Social rants prove that—but he’s better at the game than Musk because he knows how to bend without breaking. Trump’s “art of the deal” mindset means he’s willing to trade blows, then move on if the price is right. This week, when Musk attacked his bill, Trump didn’t just take it lying down. He hit back hard, calling Musk “crazy” and threatening to ax SpaceX contracts, but he also kept the door open. By June 6, he was telling Reuters he wasn’t “thinking about” Musk, signaling he could let it slide if it suited him. That’s a politician’s pragmatism—fight publicly, but don’t burn the bridge completely.
Trump’s ability to stomach criticism and co-opt former foes gives him an edge. Take JD Vance, his VP. Vance once called Trump “America’s Hitler” in 2016, yet Trump brought him into the fold, turning a critic into a loyal ally. That takes a big stomach, something Musk seems to lack. When Musk felt betrayed by Trump over the bill or Isaacman’s nomination, he didn’t try to negotiate or rebuild; he lashed out, suggesting impeachment or a new party. Trump, for all his bluster, knows how to play the loyalty game—rewarding allies like House Speaker Mike Johnson, who backed the bill, while keeping Musk at arm’s length without fully cutting ties. Trump’s team even scheduled a call with Musk on June 6 to cool things down, a move Musk wouldn’t likely reciprocate.
As for Politics, I think Trump is better than Elon: Neither Musk nor Trump is a natural politician—Musk’s too stubborn, Trump’s too divisive—but Trump’s deal-making instincts make him more adaptable in the political arena. He understands power dynamics: threaten, negotiate, then pivot. Musk, driven by ideals, doesn’t pivot; he charges forward, consequences be damned. Trump can absorb a hit, like Musk’s claim that he “won” Trump the election with $250 million, and still keep allies in line. Musk, meanwhile, alienates even his supporters by picking fights he can’t win, like taking on Trump, Congress, and the GOP at once. Trump’s willingness to “pay a fair price” for loyalty or peace gives him a flexibility Musk’s rigid idealism can’t match.
This week’s feud shows it clearly: Trump’s threats to Musk’s contracts were a calculated flex, not a personal vendetta, while Musk’s attacks felt like a crusade. Trump’s already moving on, focusing on his bill’s Senate push, while Musk’s still stewing, polling about a third party. In politics, that’s the difference between winning and just shouting louder.
I would suggest Elon:
- Ditch the Political Fights: Stop battling over bills or starting an “America Party.” Politics isn’t your game; it’s a distraction.
- Focus on Innovation: Pour your energy into Robotaxis, Giga Berlin’s wins, and SpaceX. That’s your superpower.
- Limit X Politics: Post about tech, not Trump or Epstein. Hire a team to handle D.C. quietly.
Stay out of the swamp, Elon. Keep your eyes on Mars, not headlines.
But I know Elon won’t back off politics—it’s just who he is. Still, I’ve got total confidence in Tesla, its Robotaxi, and Optimus. Just want to keep ‘we move, we see’ as we go! Elon’s political instincts? Chaotic. But the core tech vision is still strong. Robotaxis, energy, and AI are what I care about—not White House drama.
📉 QQQ – Macro Tailwinds
1. Renewed U.S.-China Trade Talks
📌 Trump reopened negotiations with China on tariffs and tech cooperation.
👉 Calmer relations = good news for global tech. Long QQQ.
2. Strong U.S. Jobs Report
📌 139K jobs added in May; Nasdaq up 2.2% on the week.
👉 Labor market strength is bullish for growth stocks. I’m staying long.
🐉 Tencent (700.HK)
Big Share Buyback
📌 Tencent repurchased over HK$500M in stock this week.
👉 Signals confidence and supports price. Reinforces why I own it.
That’s all for Week 22.
🔄 No stock trades.
📉 Tesla hit the brakes.
🚀 But long-term vision is intact.
Until next time—stay invested, stay relaxed.
—William | Relax to Rich Club
⚠️ Disclaimer
I am not a licensed financial advisor, and the information shared here reflects my personal investment decisions and opinions only. This content is for informational and educational purposes and should not be construed as financial, investment, or trading advice. Past performance is not indicative of future results. Investing involves risks, including the potential loss of capital.
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