Shorting Tesla

[AlbertaFarmer5]

For all the negativity on Agriville towards anything other than fossil fuel as the only means of a power source for vehicles, what can be said about Tesla's stock in the last month?

That is a very strange assessment, considering that Tesla cars are still fossil fuel powered. 8% of US electricity is provided by wind and solar. Fossil Fuels and Nuclear are still 84%.

[ALBERTAFARMER4]

Bookmarked this thread so I can come back to it In 3 years and laugh my ass off.

[AlbertaFarmer5]

Bookmarked this thread so I can come back to it In 3 years and laugh my ass off.

Care for a wager?

[GDR]

Not that I have the balls to short it but I bet there is money to be made doing so. If you could have timed the market this week and shorted at the high then closed out on fridays close you would have made 29% in 3 days. Now that's volatility at it's best.

[AlbertaFarmer5]

Tesla will need to gain market share in a market that just got much more crowded, while the market itself keeps shrinking. The shorts know what they are doing.

In a recent Los Angeles Times article, citing Edmunds data, The number of battery-electric models available more than doubled from 2018 to 2019, but EV sales budged in the wrong direction. In response to the major efforts by manufacturers, the horrific EV sales data shows that only 325,000 electric and plug-in hybrid vehicles were sold in the U.S. in 2019, down from 349,000 in 2018.

Those dismal numbers represent an embarrassing dismal 2% of the 17 million vehicles of all types sold in the United States in 2019.

[sumdumguy]

And how would you know that very important piece of information Wiseguy?

[sumdumguy]

We are in Las and let me share with you, guys at the Wynn bet your entire inputs bill on one Black Jack hand. Watched a young guy and girl playing put ten thousand on sevens against the dealers six, then split, got a three and a four, doubled again and won.

[Grahamp]

For those who haven’t read the book on him, Musk spent the summer working on a relative’s farm in the Waldeck area. Let’s not be too hard on him.

[ALBERTAFARMER4]

Tesla will need to gain market share in a market that just got much more crowded, while the market itself keeps shrinking. The shorts know what they are doing.

Imagine losing 10 billion dollars since January 1 2020 and someone saying “you know what you are doing”.

[AlbertaFarmer5]

Imagine losing 10 billion dollars since January 1 2020 and someone saying “you know what you are doing”.

They haven't lost anything if they haven't covered. As long as they can remain solvent for longer than the market remains irrational, then they won't lose anything. If you can forecast not only the direction and magnitude of market moves, but also the timing, then you will beat every trader/investor out there.