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Comment by ben_w

11 hours ago

> BYD is a subsidised financial basket case,

I can say that about Tesla. Like, 1/3rd of their total lifetime net profit has been subsidies of one kind or another, mostly government-created regulatory credit programs.

> What is Tesla's Market Cap vs these companies?

Irrelevant, especially as the narrative being used to prop up the market cap this year is "we're not a car company, we're an AI company".

> then you should be shorting Tesla with all you might.

"Markets can remain irrational longer than you can remain solvent."

What I have done is sell all my Tesla shares and put them into other things where I see realistic growth opportunity.

That way I don't need to time things perfectly for a relatively small reward (100% if they go bankrupt, vs several times better than that just by simply buying NVIDIA and watching line go up) that comes with successful shorting.