This is a good chance to short Tesla!
$Tesla Motors(TSLA)$
Whether it goes higher first is anyone's guess. This behaves like a meme stock. Do we really think TSLA will somehow beat out like 20 major carmakers with dealerships to service vehicles when the time comes?
They might be a competitor but they won't control the market. Their market cap is so many times greater than dozens of carmakers combined. Shorting responsibly incrementally seems to be the best move.
There's only 3% short interest, that's nothing. It probably shouldn't have jumped over 200. My target is 100. So shorting at 250, 300 and 350 incrementally seems really smart now. The 1 yr target by analysts who cheerlead is 201. It's already 50 over that.
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