Musk: Tesla must cut costs or stock will be ‘crushed like a souffle under a sledgeham
#46
Lexus Test Driver
#47
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#48
Lexus Fanatic
That's an excellent point, especially since there aren't many credible reasons why the stock price should show that kind of rise......especially with the company making only 1% profit (assuming that one can believe that 1% report). But I agree that any betting on stock-prices is potentially dumb. And it also shows that things occasionally happen in the business world that defy explanation....or at least conventional explanation.
#49
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It’s not dumb if you like risk...the bigger the risk...the bigger the reward. As COVID surges...as the job report was far less that what was expected.....stalled relief bill....stay at home orders......and the Buffet indicators....a crash is coming.
Last edited by Toys4RJill; 12-04-20 at 02:06 PM.
#50
Lexus Test Driver
https://www.nytimes.com/2018/09/17/b...ck-shorts.html
#51
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Thread Starter
Its a gamble but if you're good at it, why not. But if you lose it all...own damn fault. Musk also loathed the short-sellers because they also initiated a widespread propaganda campaign against Tesla and EVs spreading fear, uncertainty and doubt. In the end, he makes it a point to shove it in their faces and gloat whenever he can as they've lost billions. He even created Tesla products that made fun of them (Tesla short shorts for example). Musk is very immature for sure though
https://www.nytimes.com/2018/09/17/b...ck-shorts.html
https://www.nytimes.com/2018/09/17/b...ck-shorts.html
#52
Lexus Test Driver
Was there bad mis-information spread by short-sellers who wanted to see Tesla crash...yes. Was there a huge conspiracy to shut Tesla down...i don't believe so. There is an entire group called TeslaQ that was dedicated to the short-sale of Tesla but their influence was questionable. Right now though, most of them are done short-selling as they've lost their shirts doing it. All this is pretty much behind Tesla now.
#53
Lexus Fanatic
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Was there bad mis-information spread by short-sellers who wanted to see Tesla crash...yes. Was there a huge conspiracy to shut Tesla down...i don't believe so. There is an entire group called TeslaQ that was dedicated to the short-sale of Tesla but their influence was questionable. Right now though, most of them are done short-selling as they've lost their shirts doing it. All this is pretty much behind Tesla now.
#54
Lexus Fanatic
#56
Lexus Fanatic
Here's why saying Tesla is only profitable due to other auto makers buying up green credits is a myopic. Even if that were true it misses the forest for the trees. Think about WHY this is happening, not just that it is happening. It's about the surest future indicator you will ever have. The only thing you have to decide is if the future will be BEVs or HFCEVs, and base your portfolio on that.
Or if you think neither and some other tech will win out, then short Tesla stock.
Or if you think neither and some other tech will win out, then short Tesla stock.
#57
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#58
One of my neighbors dropped couple hundred Ks on TSLA back in the day. Sold after the split for $2M profit. Must be nice..: