Yes, my only shorts atm are on $Tesla Motors(TSLA)$ And only on my demo account. Because, well there are to many variables. I have brought calls with real coin though $Rocket Lab USA, Inc.(RKLB)$ If you have read my other posts you will quickly see I think it's going to go Stella, but I'm just predominantly picking up jan 2026 calls, because it might still take a while, or it might not, so I also have a few October 2024 calls. The market is a tricky beast to understand, logic doesn't always win, especially in the short term.
But back to Tesla, my read is it's all bad news. All cyber trucks recalled with the accelerator Pedal issue, Tesla 3 cars recalled, with the software issue, EV sales revised down significantly, more competition especially from china with cheaper alternatives, promises on robo taxi, self driving, the robots, lots of talk but to be frank, promises that have not been delivered on. Charging network is fantastic but we just fired most of the staff. I could go on and on, and quite frankly on. And ok I'm going on Elons salary package, which according to reasonable sources will cost $20,000 per car going forward? I have not run the numbers yet, only just read that stuff from multiple sources a few hours back, seems inflated, but even if it's $1,000 per car that's an issue.
Shorting Tesla, to me everything stacks up, there is nothing good going forward. The intelligent investor in me says it's a donkey, so short it.
Then the emotional investor kicks in. Too many people with way to much money in the game have way too much too loose. So now it's politics not reality. Please understand my tiger friends, we are retail investors we are tiny compared to the hedge funds. Someone I knew rather well once said "when the retail investors start talking about a stock, it's time to get out". If you have billions, you win hands down. My prediction is the bigs were very very angry at roaring kitty when he took them down, but it's payback time. he mite have been worth a billion yesterday, but Now he's puckering, they did it when he was streaming online. Oh is that perfect timing? @Tiger_chat @TigerPicks @TigerClub @Daily_Discussion @Tiger_chat @TigerPM @OptionsDelta
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- Gloria112·06-11Bad news stacking up for Tesla.LikeReport
- HenryHoward·06-11Too risky! [Miser][Look back]LikeReport