Re:Welcome to Hell, Elon
by paulpauper on Friday October 28, 2022 @10:49AM
(#33372028)
yeah, many hedge funds and individuals have lost serious $ betting against tesla
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Re:Welcome to Hell, Elon
by lemondrink on Friday October 28, 2022 @11:00AM
(#33372214)
YTD $TSLA is down 44%.
Re:Welcome to Hell, Elon
by candiddevmike on Friday October 28, 2022 @11:10AM
(#33372360)
In some of those cases, they lost due to unpunished securities fraud though? Tesla should be a fraction of it's valuation. Short selling is an important part of price discovery and attempts to curtail it should be punished IMO.
Don't bet against him getting away with scamming.
And don't bet against politicians wanting to affiliate with his celebrity/interact with his clout giving him subsidies.
Yeah, all those Teslas which deffo weren’t sold, what a scam
Re:Welcome to Hell, Elon
by SketchySeaBeast on Friday October 28, 2022 @11:08AM
(#33372335)
Are you saying the Tesla valuation is only due to the cars that have been sold?
I'm saying where's the scam?
Those that paid $10k+ for full self driving got at least partially scammed.
And many more have made an absolute fortune. Down more than 40% this YTD, even worst if you go from ATH to current prices.
It's also been a trader's paradise given the volatility and occasional appearance of someone mysteriously placing huge OTM call purchases for that Friday in an effort to force a gamma squeeze. In a market with regulators this would be suspicious and investigated, but we're in post-GFC America.
Re:Welcome to Hell, Elon
by paulpauper on Friday October 28, 2022 @12:18PM
(#33373479)
which Friday, which options