Why I’m short TSLA and you should be too
Posted: Jun 29, 2024
- Delivery numbers for $TSLA in Q3 will be lower than expected, showing falling demand despite price cuts and discounts - Margins are shrinking to levels similar to other car companies - FSD and robotaxi promises not delivering as expected - Financial situation based on hope, not solid fundamentals - Predicting a drop in TSLA stock in near term - Expecting a sell-off once Delaware judge validates attorney fees to be paid in billions of options.
🚨 Reddit sentiment: mixed/negative - Many comments express caution or negative experiences with shorting TSLA, although some also mention it as a risky but potentially rewarding move. Summarized comments: - Tesla doesn't trade on fundamentals, implying that shorting it is a gamble - Some users have had negative experiences shorting Tesla in the past - Market considers TSLA an AI and robotics company, which affects its valuation - Support for shorting at $180 turned to regret as the stock shot up to $200 - Elon Musk's influence on the stock is a risk factor for those shorting it - The market no longer operates on fundamentals, seen as more of a casino - Warning against shorting during a bull breakout; some users prefer calls - Call for users to share their positions or not comment at all Stock tickers discussed: $TSLA
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