I suspect that a lot of small fox news listeners and investors are shorting Tesla because all DOE subsidized socialist companies will fail. Fox news says it, it must be true
If it is mostly small investors and did not hedge their bets (like most small amateur investors) It will hurt, hurt really bad.
And now knowing all that I know about Tesla, I think it's plain stupid to short Tesla.
But a moron is born every minute.
But what about people like me who have invested in the stock with the hope to raise more money for the car? What do you think will be the effect on stock price over the summer and fall if reservation holders like me will sell their shares when our cars are rolling out of the factory?
I wonder if shorts get really hurt, as is likely, will they learn from their mistake, or just harbor long term resentment of Tesla and try to bad mouth it in perpetuity to hurt TM back.
What will happen before the summer has nothing to do with company valuation and lots of speculation going on. This stock is maxed out in terms of number of shorted shares for at least the last six months. Word is coming out on the market and lots of players took long bets and will be holding until all shorts are out.
The game is to be strong enough emotionally to resist selling before the right time and just before the stock dips to before squeeze level. Then you buy back and enjoy the growth.
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