Tesla on track to smash targets after producing almost a million EVs in 6 months

Re:Tesla on track to smash targets after producing almost a ... by rootusrootus on Sunday July 02, 2023 @10:47PM (#36568130)

Yeah, the people who shorted TSLA in the past 18 months did pretty great. It remains a solid strategy.

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Re:Tesla on track to smash targets after producing almost a ... by vardump on Sunday July 02, 2023 @10:49PM (#36568151)

Cherry picking dates can make any company look like an excellent short.

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Re:Tesla on track to smash targets after producing almost a ... by rootusrootus on Sunday July 02, 2023 @10:57PM (#36568213)

Okay. If you shorted it 24 months ago you are still ahead.

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Re:Tesla on track to smash targets after producing almost a ... by seanmcdirmid on Sunday July 02, 2023 @11:16PM (#36568338)

This kind of info nugget is useful only for time travelers who can take advantage of it.

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Re:Tesla on track to smash targets after producing almost a ... by brianwawok on Sunday July 02, 2023 @11:13PM (#36568323)

Now do the math with 48 months

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Re:Tesla on track to smash targets after producing almost a ... by spikels on Monday July 03, 2023 @12:36AM (#36568909)

Or 6

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Re:Tesla on track to smash targets after producing almost a ... by hef19898 on Monday July 03, 2023 @04:29AM (#36570285)

It is almost as if stock prices fluctuate over time. Who'd have thought...

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Re:Tesla on track to smash targets after producing almost a ... by typon on Sunday July 02, 2023 @11:15PM (#36568332)

Made ~$10,000 from that bet last year. I was pretty pleased with myself.

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Re:Tesla on track to smash targets after producing almost a ... by seanmcdirmid on Sunday July 02, 2023 @11:23PM (#36568371)

Would you have made more if you were still holding that short position today?

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Re:Tesla on track to smash targets after producing almost a ... by kelnos on Monday July 03, 2023 @06:30AM (#36571047)

Good work; you successfully managed to time the market. I'm sure there were many, many others who didn't make out so well.

Now redo the calculation a bunch of times to account for all the other possible times you could have both opened and closed that short position, and see how many other times you would have turned a profit. Probably not in many of them.

You got lucky. Contrary to some popular belief, lucky timing is not a generally-applicable investing strategy.

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Re:Tesla on track to smash targets after producing almost a ... by typon on Monday July 03, 2023 @09:57PM (#36581240)

Totally agreed

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