The risk is that a bunch of crazy trump supporters might try to GameStop it. Or that a Saudi prince or Russian oligarch will pump the stock as a way to curry favor with musk.
Bill Gates has been trying to short it for years and it’s just kept going up. There’s nothing rational about the market.
Sure, but entire fortunes were lost shorting Tesla in the past as well. It has been wildly overvalued for ages and it still is ridiculously overvalued, but I personally wouldn’t bet on it.
Yeah, put options are way less risky. At most you lose everything you invest so downside is limited. With shorting, downside isn’t limited. Tesla could momentarily hit a grand the day you need to return your borrowed shares.
Shorting Tesla stock sounds almost like a foolproof way to make money these days…
The risk is that a bunch of crazy trump supporters might try to GameStop it. Or that a Saudi prince or Russian oligarch will pump the stock as a way to curry favor with musk.
Bill Gates has been trying to short it for years and it’s just kept going up. There’s nothing rational about the market.
Sure, but entire fortunes were lost shorting Tesla in the past as well. It has been wildly overvalued for ages and it still is ridiculously overvalued, but I personally wouldn’t bet on it.
I never recommend shorting
Yeah, put options are way less risky. At most you lose everything you invest so downside is limited. With shorting, downside isn’t limited. Tesla could momentarily hit a grand the day you need to return your borrowed shares.