Replies to post #66478 on Tesla Inc (TSLA)

[XFundManager]

Tesla short sellers have made $8.2 billion betting against Elon Musk's company this year as tech stocks crashed !

6 Hours ago !

https://markets.businessinsider.com/news/stocks/tesla-short-sellers-elon-musk-nasdaq-tech-stock-market-crash-2022-5

Elon Musk's Tesla has soared in recent years, but has tumbled around 30% in 2022. Justin Sullivan/Getty Images

Short-sellers have made $8.2 billion betting against Tesla this year as tech stocks tumbled, according to new data.

Investors racked up $62.5 billion betting against Nasdaq 100 companies in general, Ortex research found.

It's a turnaround for short-sellers, who were burned by the surge in Tesla among others in 2020 and 2021.

[XFundManager]

Tesla: Tragic Correction Could Be Coming !!

https://seekingalpha.com/article/4514561-tesla-stock-tragic-correction-could-be-coming

May 26, 2022 7:00 AM ETTesla, Inc.

The big question in everyone's mind is: Will Musk still proceed with Twitter after cracks start to show up.

TSLA has lost $487B in enterprise value since 4 April 2022, which may require Musk to pledge even more shares for the purchase.

Assuming a further fall of 60% in P/E valuations, TSLA's price target would fall tragically to $258.54.

Therefore, we believe that TSLA's future is in jeopardy, assuming further downwards pressure from the highly bearish market.