Buy TSLA at current high level till Dec 20 when it gets added to S&P and all index funds are forced to buy it at market. Sell fake and overvalued electric car stocks like NKLA, NIO, XPEV and LI. My recommendation is valid if you want to get into electric car's hype. Otherwise no action needed.
No Thanks ,,,,,,, i have shorted 115 shares of Tesla 540, but never thought it will go to high 605 but today it touched 555 level again. I'm ready if it goes to 660, i will add another 35 shares to get out at somewhere at break even or small profit, but i don't see high 660 happening, because it can Crash big time any moment.
My point was that if you want to get into electric cars, just buy TSLA and nothing else. If you believe electric car companies are hype, then you can short it. In California you see TESLA cars everywhere and they are growing. TESLA is also in solar systems for houses.
It will crash because everyone think like you ... That's how market markers make money, Tesla stock is already sleeping on ocean of money, more than it needs
"Let's short the leading stock in the hottest sector of the biggest bull market in the history of humanity."
What you just said, it reflected in TSLA chart today, when price dropped to 555, people bought it back like a CRAZY.