Tesla - How shorts got burned good

Discussion in 'Economics' started by The Humble Bunch, Jan 29, 2020.

  1. I know you've heard. Tesla reaching an all-time high of almost 620 on beating consensus estimates. I am not in this, nor will I ever be (due to the high sensitive nature of it either squeezing higher, or pop), but this might be the only time I have sympathy for shorts (besides einhorn). If you're personally short on this, leave a comment so you can discuss why, and if you're equally as long, do the same.
     
  2. FYI-
    TSLA traded $650+
    Closed 648 and change at 8pm
     
  3. RedDuke

    RedDuke

    Madness 11.5 Percent move.
     
    murray t turtle and Nobert like this.
  4. Overnight

    Overnight

     
    Onra and TooEffingOld like this.
  5. $720
     
  6. S2007S

    S2007S

    Ford and gm have a combined market cap of approximately $85 billion....
    Between both companies over 5 million cars sold last year


    Tesla. $104 billion dollar market capitalization
    Cars sold in 2019, 367,500


    I know this is just gibberish since the market could care less. It's a stock that everyone wants to own just because.
     
    murray t turtle likes this.
  7. This isn't about value anymore. It's about the brand, the sexiness, the shorts getting squeezed.... Expect tsla to hit 1000 by end of Feb and 4000 usd by 2021
     
    jys78 likes this.
  8. ironchef

    ironchef

    @murray t turtle, where are you hiding? Hope you will eventually have the last :D. %%% Not a prediction. :cool::cool::cool:

    Me, I don't trade TSLA.
     
    murray t turtle likes this.
  9. S20075: you won’t understand that Tesla is not comparable to a traditional automaker until you are actually driving one.

    it’s the only stock i feel comfortable holding long term and don’t see any reason why it won’t go x10 to T valuation like apple, google amzn

    Everybody selling tesla short is simply an idiot or didn’t do their homework (like asking actual owners for feedback instead of reading random junk pieces on the web)
     
    kmiklas likes this.
  10. Pekelo

    Pekelo

    Tesla under 400 in 2 weeks.
     
    #10     Jan 30, 2020
    Chuck Krug likes this.