> I shorted (a very small amount) from about $320 down to about $270. That's when Elon had his very standoffish and defiant earnings call. It's pretty dangerou

> I shorted (a very small amount) from about $320 down to about $270. That's when Elon had his very standoffish and defiant earnings call. It's pretty dangerous to short high flying stocks like TSLA in a major bull market. Especially when most of the shares are owned by Musk and his institutional backers. It's not intuitive, but highly shorted stocks like TSLA in a bull market is a recipe for a significant price rise to burn the shorts and steal their money. > Elon promises they won't need to raise capital He's been saying that for a while and he keeps raising capital and diluting the shareholders. > If he's right, great. I suspect TSLA's recent layoffs are to work some accounting magic and show "profits" in the coming quarters. If so, it'll get big pops come earnings. > But I'm not betting on it one way or the other. In the long term, I'd watch oil prices and FED rates. If energy prices stay relatively low, if governments end subsidies and of course the FED decides to pop this bubble, I could see TSLA bankrupt in 5 - 10 years ( like it was in 2008 before the bailout ). Maybe after a big price spike flushes the shorts, then it might be time to start averaging in short positions. But either way, it's a gamble.