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what does this mean for people who are short TSLA?
by browsercoin 8y ago
what does this mean for people who are short TSLA?
- jasonvorhe 8y agoLet's hope they all lose a shitload of money.
- pvaldes 8y agoOk, I will bite the bait... Why?
- esarbe 8y agohttps://evannex.com/blogs/news/are-the-short-sellers-behind-the-anti-tesla-media-crusade-or-is-it-someone-more-sinister https://evannex.com/blogs/news/are-the-short-sellers-behind-... Some of these short sellers /seem/ to behave like someone taking out a fire insurance on your house and then soaking the front lawn of it with gasoline. It's easier to sabotage than to build.
- nugga 8y agoWhen there are hundreds of millions of dollars on the line betting for Tesla to fail someone might be incentivized to take action to spread fud and attack Tesla any chance they get. It is doubly weird in this case because Tesla's mission and success will be for the benefit of humanity and not just lining up the pockets of shareholders.
- talltimtom 8y agoYou don’t see you own bias. Taking the counter point. Tesla has a hugely inflated valuation based primarily on speculation, and even if they manage to become a successful profitable company they might not be worth as much as the current stock prize puts them at. The shorts are essentially bets saying “All you investors should have put you money into other more productive investments” And while we can debate whether this is true or not. The shorts might have had it. And if they “win” it just means that a lot of investors wasted a lot of money in Tesla building up a brand and inferior product when they could have instead just backed other companies with similar products like the Nissan Leaf, which by the way out-performs the Tesla model 3 in test scores but doesn’t have the same levels of internet hype. You can’t unelaterally state that anyone who’s “building something” is in the right and all shorters are working against sociaty. Look at Theranos, the doubters and naysayers had it right. It was a huge waste of time, money and talented people. Even if they did have incredible levels of hype at the peak. All that said. I hope Tesla succeeds, but I won’t hold it against the shorts if they don’t. Tesla is a huge gamble and overvalued even by Musks own admission.
- Fjolsvith 8y agoI see the investor take on TSLA differently. People are tired of the same old Detroit and by voting with their money, have forced the auto industry to modernize. I will probably get downvoted for it, but I can see a similar pattern in American politics.
- nugga 8y agoIt is primarily the FUD and dozens of high profile news outlets using, if not outright lies, then very close to deceitful headlines and reporting to paint a catastrophic picture which seems to be what causes randoms and people not keenly in the know to lose their shit and tank the stock. It may have been inflated especially if you believe the value represented the here and now but the fundamentals haven't changed, in fact they may be even better than expected. Once Tesla hits profitability on the account sheet (they already make close to 20% on every Model 3 sold but are 'losing' money because of heavy investment as far as I can tell). They're betting big on at least mid range Trucking switching electric because according to them it'll be cheaper to operate electric fleets. They got a pickup, the model y, planned to begin production soonish. They can lower their unit prices once they hit massive scales due to multiple gigafactories. They operate their own charging network, no other car manufacturer comes anywhere close to what they have. My thinking is that the biggest slump in terms of uncertainty (if there ever was any) and production trouble and cash flow is now past. I bet now is the best time to buy Tesla until ever again because they're very likely about to skyrocket imo. If so, thank Elon for hitting that blunt, I guess.
- dagw 8y agoSo far, nothing. TSLA is closing in on a 1 year low and there doesn't seem much indication that this news is having a massive effect on the stock price. I don't think anybody really doubted that they'd be able to sell a lot of top of the range Model 3's on release. The questions now are will these sales hold steady once the pre-order back log clears out and what is happening with the $35k model. Personally I hope they succeed on both the production and price front and that I can one day actually walk into my local Tesla dealer and buy a Model 3 for $35k.