So sad to watch people who are clueless lose money. Rule number one with shorting is pick a business going down the drain, RIMM would have been good a couple years ago. Find an industry that is dying and short away, Is Tesla overhyped? Yep. So is GOOG and NFLIX. You shortimg those too?
Now that I've got your attentioin. Just wanted to share we had power problems on my block a few days ago. A capacitor from one of the power poles failed and sent surges of electricity throughout the neighborhood. One guy had to use his fire extinguisher on an outlet in his house that caught fire. Fortunately that night I was out driving otherwise, the media would have blamed my charging Volt. Meanwhile no coverage on the TWO ICE car fires I witnessed this week on the side of the freeway.
Or maybe he doesn't need to sell EVER. Warren Buffet holds for LONG periods of time. He can raise money to start his next venture the Hyperloop and make even more money. EM could one day be even richer than Buffet or Carlos Slim Helu, if he can't playing his cards right.
Arey you just posting to post, or are you really this clueless. A Toyota Corrolla makes more "sense" than an S-Class Mercedes, right? Only in your small minded world. Comparing a Tesla to a Volt or Leaf is silly. Apples and Oranges.
So tell us what number did you go in Short at? How much are you down? Here's the number for GA : 888 669 2437. They can help you. Make the call.
Perhaps you have a problem with the English language. I live in SoCal and yes most people here drive more than 40 miles a day. It's not that cold here and the lithium-ion batteries are not dying on a one year old car (talk about clueless). It's amazing how people post such negativity around new technologies.
Next time try and back up your spam with some facts. Too bad you went Short at $26 and lost everything. FACTS:
1. Ford 's Torrence assembly plant in Chicago recently had it's 100th anniversary.
2. Tesla's plant is highly efficient and has some the latest most advanced robotics available. Not to mention they got a great deal on it. National Geographic details it on their show MegaFactories. There is a reason why they give plant tours.
3. Tesla is profitiable, continually ramping up production, entering new markets and gaining market share.
40 miles aint enough juice for most people. Trust me I own a Volt, and am constantly buying gas. Still a $299 a month lease is presently more doable for me than a $1000 a month payment on Tesla. So I'm patiently waiting for the $35K 2016-17 Model E Tesla.