this post was submitted on 18 Jan 2025
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Youre going to short it?
I think the point is the stock would actually go up if Musk buys it because people think he's a great businessman, despite all the evidence to the country. So no need to short it, just sell at the peak and duck out before he manages to crash and burn. Again.
Alternatively it could go up and up, Tesla style, as confusing as that is…
I only have a very passing interest in the stock market and that's only because I have my pension as relatively high risk stock (it's not really that high of a risk, that's just what they call it).
But in the world with Apple, Google and and the traditional big car manufacturers, why on Earth when anyone invest in Tesla?
I agree. I keep hearing how terrible their cars are and we all know how much of a loon he is…surely anyone with any business sense would stay well away from that company, or companies affiliated with Musk? But what do I know…
Reads more like the investment tanked and he's hoping for a recovery.
Shorting sounds nice though, long term.