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A Canadian trader, Christopher DeVocht, turned a modest investment into a staggering $306 million by betting on Elon Musk‘s Tesla Inc. (NASDAQ:TSLA) stock. However, he lost it all during the 2022 bear market and is now suing the Royal Bank of Canada (RBC) and Grant Thornton, alleging “inadequate advice.” What Happened: DeVocht, a carpenter from Vancouver Island, Canada, capitalized on the pandemic-induced stock surge, turning his C$88,000 (approximately $65,000) investment with RBC into a C$415 million (about $306 million) fortune by November 2021, reported Business Insider. However, DeVocht a…

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