Overcoming my gaming addiction with 'shorting' TSLA
Posted: Jun 25, 2024
- Used Damodaran's valuation model for investing - Estimated revenues in 2033: $300bn from auto, $50bn from energy, $30bn from software - No revenue from robotaxi - Estimated $88 per share - Position: 49x Jun '25 100 puts on unknown stock - Previous bear put experience with 49 positions - Frustrated by own decision due to "autistic brain" reasons
🚨 Reddit sentiment: negative - Most comments expressed caution and advice against shorting TSLA, indicating a negative sentiment towards the idea of shorting the stock. Summarized comments: - There is a cult-like following around Elon Musk who have strong faith in his promises - Many commenters advise against shorting TSLA due to its unpredictable nature and Musk's ability to influence sentiment - Shorting TSLA may not be favored by the WSB crowd due to their preference for short-term plays - Skepticism about Tesla's revenue from AI, data aggregation and sales, robotaxi, or humanoid robots was expressed - The stock price may not always align with Tesla's fundamentals, making shorting it risky Stock tickers discussed: $TSLA
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