Shorting Tesla

[biglentil]

With the amount of money the fed is pumping directly into equities should be $5000. Fundamentals are irrelevant in a world of funny money.

[macdon02]

Might be the best reason to short it, having said that, a short position on Tesla is like a teenage girl getting in a cab by herself in Prince Albert, you'll end up out of province faster then a $100 US bill, or is that "Bill"?

[ALBERTAFARMER4]

Yikes, down to $500/share.

[foragefarmer]

$500.00x5 ==$2500.00

[ColevilleH2S]

Yikes, down to $500/share.

I have never understood the reason for stock splits.

[ALBERTAFARMER4]

How has shorting this stock been going lately?

[farming101]

That depends on your entry and exit points.
As you noted above Sept 1 was a very, very good day...

[biglentil]

[shtferbrains]

Unbelievable!
Everybody in the world wants to park money there?

[farmaholic]

Tesla is a little more than an electric car company.

[shtferbrains]

Are the rockets and satellite based internet included in the one name?

[ALBERTAFARMER4]

Short sellers lost $38B in 2020.

[ALBERTAFARMER4]

Jazz, how much money have you lost?

[AlbertaFarmer5]

AF4, where do you see the value in Tesla?
Do you think they ever sell enough EV's to justify a valuation greater than every other company?
Is it in the grid scale batteries'? The charging network, will that turn into a monopoly with huge profits?
In locking up patents on every possible proprietary technology, and licensing it to every other company?
Other business ventures not yet revealed?

How do you think their valuation will be affected by future regime change? Biden is about as friendly to their business model as it likely to occur ever again.

[jazz]

Jazz, how much money have you lost?

I dont take on cult stocks.

But I am long oil, thats for sure. Sure made a lot of money off Enbridge this yr. Enough to buy a Tesla.