Get out now!!
No one can just borrow the way out of the trouble every time
Sell now to avoid loss
get out asap
Not just a short, it's one of the PERFECT shorts that you'll never be able to find another one in many years
You maybe right about the safety..but this is still a redicularly priced stock by assuming everything will go perfectly for TSLA:
Elton borrow money from Goldman Sachs to buy shares, if this is going lower, it will crash..won't be a slow bleeding
They assume there'll be no competitors in the future..remember, this is not something hard to duplicate..for both their technologies and business model.once they become profitable, everyone else will follow..there're so many car manufactures out there can easily change from traditional gas model to electrical cars..
Another point..gas price will drop when too many people switch to electrical car..both car prices and gas prices will drop to attract people back to gas car..
anyway, this will below 100 dollar for sure someday in the future.
Electrical cars are just another hype--lithium battery can explode during a crash
This is like the solar hype..will end tragically soon
you can call their business model is somehow innovative..but electrical cars are nothing innovative..most of other auto companies are not making it because it's not profitable at all.
It's been gone too far..man..a electrical car company..just a car company