……….But again, why sell short here? People and institutions primarily trade to make profits, the profit on the downside seems severely limited at this price-point, makes no sense. I do wonder if it's not covertly backed by some nefarious deep-pockets - not that the SP going low will necessarily hurt the company, but it froments anger with shareholderst. It's one of my pet theories that they keep forcing the price down to try to get Elon ousted from the company. I may be in cloud-cuckoo land, but it's one of the few reasons I can think for this continual selling, along with the barrage of FUD levelled at home (some of which he has Brough own himself, of course)……
We already know that Bill Gates was shorting. Now, who are best buddies?
Warren Buffett, who also has deep pockets, pledged or donated to the Gates Foundation, owns shares of BYD, railroads, utilities and oil companies. That’s at least five reasons, maybe six. Also, WB only invests in “value” stocks with wide moats
, great growth potential, and CEOs that he trusts (to do his bidding). So, drive down price, drive out the CEO, and swoop in, buying large blocks of shares secretly (black pools). Probably not likely, but certainly won’t happen if Elon remains.
Edit: My wishlist for next Tesla announcements:
1) M3 refresh using castings and all other new tech lessons from MY
2) $40,000 base M3, SR, RWD, white, available in February, 1M/yr
3) Multi-configuration van (2-9 seats, delivery, RV, 120/240V outlets)
4) New gigafactories in Mexico, Canada, Brazil, Indonesia
5) Worldwide insurance availability (because……
6) Level 5 FSD autopilot and TeslaNet Ride Hailing
7) Vehicle leasing through Tesla instead of a 3rd party
8) Semi deliveries of 10k, 20k, 50k, etc.
9) Finally, Cybertruck delivered in 2023