← Back to context

Comment by zerotolerance

18 hours ago

Because it isn't a car company, it feels more like a fraud funnel for retail investor funds into multi-billion special dividends and bonuses for Musk.

You're welcome to short it and make lots of money if you are correct!

  • It's generally difficult to do. The problem is you have no idea when the collapse in value will happen, or even if it will.

    A lot of the companies I'd have bet against in the past, like AOL, sold for huge sums of money, and the purchasing company ended up regretting their decision. The actual AOL stock never collapsed.

  • Enron was going up for years and years before the fraud could not be hidden anymore.

    A short Tesla position is correct. The question is at what expiration date ?

  • When it peaks like the beginning of this month or late last year, I prefer to write naked calls. (Don't try this at home.)

  • Why would shorting TSLA make him lots of money if he is correct?

    If he's correct, the fraud is working. He hasn't staked out a position on what might stop it and when.

  • Often the difficult thing isn't predicting "this bubble will collapse eventually"; it's predicting the _date_ of the collapse. You really need both, to short.

  • This is always a shit argument.

    Timing the market is incredibly hard. Investors can be extremely irrational.

    Haven't we learned anything with the GameStop bullshit from a few years ago?

    • You're forgetting the bottomless human trait of "That won't happen to me", that remains right up to where it happens to them.

      As far as GME, if the SEC worked, then GME would have never been a thing.

      2 replies →

Its a meme stock kept at stratospheric heights by hype. It's only built 1 new vehicle in the last decade and that was the CyberFlop.

Watch the stock on any news. Completely disconnected from reality.