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r clarke

08/04/18 8:34 AM

#15153 RE: Tesla thru the roof #15148

If you want to be the change then dont buy Tesla.

There are EVs with better efficiencies than Tesla, and isnt
that what should be supported?

The total footprint for a Model S or X is huge. The Model 3 is
a bit better but there are much better examples of efficient EVs
available.

In regards to solar and storage, Tesla has nothing unique and has entered an even more competitive arena.

Musk used Tesla shareholder monies to bailout his personal and SpaceX's investment in Solar City.

It should have never been allowed.

Checkout developments by these other companies:

Nissan, Renault, Ford, BMW, Audi, VW, GM, Hyundai, Kia, Toyota, Mitsubishi, Honda, Porsche BYD, Sono Motors, Mercedes,Rimac, Bolloré Bluecar, Apple, Google, Smart, Kandi, Mini, Volvo,Chery, Faraday, Lucid, Fiskar, Chrysler, Aston Martin, JAC, Fiat, ElectraMeccanica, Jaguar, LADA, Mazda, Mitsubishi, Opel, Maserati and Subaru







"If everyone just invested rather than shorted the human race will prosper. That’s the odd thing. I’m not trying to be the ultimate frisbee throwing flip flop wearing groovy hippy guy at the farmers market but WTF!!! Be the change people.

LOL the shorts lost 2 Billion in the span of a few weeks..... can you imaging what good could come of 2 Billion dollars. It’s sickening. Tesla spends 2 Billion dollars to aid in a DRASTIC change of automobile type, fossil fuel dependency, and these shorts just piss it away like it’s nothing. Waste of money. Where is your money now? Steak dinner somewhere."
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conix

08/04/18 12:15 PM

#15154 RE: Tesla thru the roof #15148

There is a basic fundamental understanding about shorting that is being ignored.

The shorts have NOT lost $2 Billion in the past few weeks. The valuation of the short's total position has declined about $2 Billion.

It would be like saying that when TSLA went from $380 to $300, all the longs LOST billions of dollars. NO--but the value of the shares that the longs still owned declined.

The accounting for individual short positions only happens when the shorts COVER (buy back the shares they borrowed).

Did some shorts cover and account for some of the buying after the conference call. Sure. And they may have bought back in at $330 (and taken a loss), but have shorted at $350 again.

Or they will at short at $375. Or $400.

The key to short selling is managing the risk. Einhorn has done a poor job of risk management.

So, bottom line, be wary of parroting the assumption that all the shorts closed out their positions and realized a loss.