Dennis Wang lost money on his first try, but then he learned from his mistakes.
On his second effort as an electric vehicle flipper, Wang made $4,000. On his third, he hit what he considered the sweet spot, a $7,000 profit. All the deals involved Teslas that Wang bought and resold, flipping them like tickets to a hot concert.
"I have a Model S currently that I'm probably going to sell within another three months, pending the market," Wang said. "I also have another Model Y and a Model X on order."