Why I've decided to short Tesla stock ( and what stopped me )

[@noisypl]

Argument about no reservations for cybertruck is silly. Tesla first sells the most expensive version. A lot of people who reserved the truck are waiting for promised cheaper versions. Maybe not exactly at 40k, but for sure in 50-70k range.

[@themidgetsman]

It boils down to how many people will buy something when the price drops by 20,000. The founder series sold 20,000 or so at 100-120,000 how much more demand is between 80-100,000? Maybe 2-3 times more is my guess

[@noleftturns]

Shorting a stock is not how to profit from a stock you think is going bankrupt. First, you don't own anything, and that's what investing is all about. Second, there is a natural buoyancy in all stocks since they have a Beta correlated to the market as a whole and over the past 100 years that's 10% and according to Yahoo Finance, Tesla's Beta (5Y Monthly) is 2.31. That means even if you are right the market will kill your short. I'd suggest just investing in a competitor but all car companies are in the same mess as Tesla. I buy dips and sell highs - has worked for me for 60+ years.

[@WarrenRedlich]

So you're basing your decision on a bunch of details that are already widely known by the investing community, and you think those details are not priced into the stock Interesting ...

[@EforElectric]

I have addressed that in my live stream. Were you paying attention? The same thing happened when I bought Tesla stock at $99. Obviously the investment community did not know that at that time. I already mentioned that investment community and their logic makes no sense to me and I gave example of an oil company that my father invested into. I mean why are you watching my live stream if you're not really listening anyway?

[@jeffmichaels1703]

I bought a new 2023 Tesla Model Y Long Range AWD back in June 2023 delivered to me at the Burbank CA location. I did my research prior to ordering the Model Y and from the first day I drove my Tesla, I have never been more impressed with the overall technology of this vehicle. I have NOT had one issue or repair needed in 23K miles and it only gets better with all the "Over The Air Updates" which makes the vehicle as I just bought a new car. I have had a Reservation for the Cybertruck since July 2020 but unfortunately I probably won't receive for another 3-4 years based on my place in line. I have absolutely NO regrets in purchasing my Model Y which I enjoy so much and the FSD.

[@sounddoc]

Annual versus quarterly versus weekly versus daily. I once ran a company subsidiary that compared sales by the day compared to that day one year prior (production day, not calendar). They still do and it keeps the pressure up. They are globally the largest manufacturer of their product and have been for the past 40 years.

[@ahappyimago]

FSD is actually pretty impressive definitely not a scam

[@EforElectric]

Impressive is not good enough when you are advertising full self-driving, charging money for it and then not delivering it for years

[@ahappyimago]

@@EforElectric It pretty much is self driving. You don’t many decisions for it, just monitor it. It could probably take you from LA to San Diego with interventions. But I realized no one even cares. I know 20 Telsa owners and none of them buy it even at $100 a month.

[@Steve-Richter]

Criticism of CT, in a significant way acknowledges a positive about Elon and Tesla. They delivered the product they promised. The product may not be popular. And it distracts them from making the small pickup that buyers do want. But in terms of anticipating whether Tesla can deliver the promised FSD, robo taxi and Optimus, the fact the Tesla delivered the CT should make an investor confident that the next wave of breakthrough products will work as promised.

[@bobbybishop5662]

They didn't deliver what they claimed on the CT.

[@Steve-Richter]

@@bobbybishop5662 They delivered the stainless steel body, steer by wire, tight turning radius, 48v power. An engineering marvel. Provides confidence they will deliver on bringing AI to vehicles and robots.

[@BarryObaminable]

Let Ram make a small ev truck

[@extraintelligence]

That's the final straw for me. Stock shorting, i.e. betting on the failure of a company, is absolutely despicable behavior, especially when you make a living criticizing the company you're shorting.

[@Steve-Richter]

it is honest behavior.

[@bobbybishop5662]

They deserve the criticism, Tesla as a company operate a shady company.

[@jimboyle236]

Shorting is an integral part of any market. It's also ok to short and air your issues on why you think the company is going lower. No different than the shilling/pumping of a stock you own. Id argue that this results in more losses to speculators because the long side is generally less experienced than those who short. Most importantly with no shorts, there is no covering(buying) when the poop hits the fan. This can result in extreme volatility and much bigger losses for longs Any stock/market with no shorts is at much more risk

[@ahappyimago]

Not despicable at all. It keeps the market balanced

[@extraintelligence]

@@ahappyimago in gambling, betting a certain way and then trying to influence the game to go that way is called fixing, and it's usually illegal and considered fraud. So why does it suddenly become acceptable when KZbin influencers do it with the stock market? And what is ethical about shorting? Why not invest in their competitors so they can succeed instead of shorting them and trying to make them fail? The only time shorting makes sense is if you think the whole stock market is going to fail and there's no one whose value will rise, and if you do that, then you're just being a parasite, sucking the money out of people who want to prevent a recession.

[@castortoutnu]

Dude has been spreading fake news and FUD about Tesla for years. As if he just started shorting.

[@Steve-Richter]

Where is the reporting on Tesla registrations in the US? There seems to be more and more Tesla's on the road. Best way to know is if reporters did some actual work and gathered new car registration data.

[@davidmcnamara8024]

This guy is no journalist and has had a hardon against Tesla for years.

[@Steve-Richter]

He is giving his reasons. I think he ignores that vehicles are becoming computers on wheels. Tesla, with its access to the Starlink satellite network, is well positioned to offer networking to its cars than what the competition can provide.

[@romeozulu4424]

I agree with you 100%

[@BlackhawkPilot]

Went to purchase a MY when they offered 0.99% interest. Tesla fooled around, their app did not work as advertised, which led to delays to the point where I could not get the interest rate. Then they offered 5.99% and I walked. This was the second offer that went south after I waited three years for a solar roof. Sent me to a local installer who doubled the price.

[@travis938]

tesla robots and fsd will be worth many trillions even if it takes longer then thought the market pays for in advance its at levels was multiple years ago.. it can definately go up several times higher

[@coldtesla6212]

Very Risky, but use options, if you can, but remember shorting is hard. I think you are correct on the short term. Cybertruck is a boondoggle, Tesla will learn the hard way.

[@rp9674]

Nobody told me the hot coffee was hot, I thought it was just a clever name

[@travis938]

do an episode on future potential for robots and their trilions of marketcap easily obtained

[@gringoviejo1935]

put options are less risky but, betting against Tesla?

[@geo8rge]

The supercharger network got lot's of bad press during the winter.

[@williamread8186]

Have you bounced this idea off Warren R. LOL.

[@kkal1183]

nailed it on all points ! Musk is spiraling and taking Tesla with him and impacting the entire EV industry.

[@ronsexton3685]

I don't agree with some stuff. But that's okay. And interesting hearing about life there. Love my Tesla Model Y Performance Blue. Elon is great and you have to enjoy the ride!

[@Couly]

How do I block these videos from popping up

[@themidgetsman]

First is not to comment or click them. That will stop google from thinking you like them. After that you can click the 3 dots and hit "don't show this channel.

[@Steve-Richter]

SpaceX is deploying more and more starlink satellites. Now SpaceX is partnering with cell phone network providers like T-Mobile to use their radio spectrum to connect cell phones to starlink. Point being, expect Tesla to network their cars with Starlink. That makes a Tesla car a networked computer on wheels.

[@stopato5772]

For the many, it is space junk. EVs are also an environmental nightmare - bicycles are for many sufficient.

[@Steve-Richter]

Shorting Tesla now, without knowing the details of the upcoming 10/10 product announcements, is pure gambling. Sure, the product pipeline was terribly delayed by the multi year focus on CT. Yeah, the stock price and revenue is stagnant for all of 2024. But 10/10 overwhelms all of that. If the new stuff looks good the stock will soar. If not, the shorts will win. Just that given Tesla's solid record of delivering on its vision, the chance of 10/10 being a dud is pretty low.

[@MTrekker2001]

"Full self-driving", 4870 batteries production, $35k Cyber Truck, Tesla robot has shown it can only walk, Tesla deliveries down, is not exactly a stellar record.

[@KrustyKlown]

NEVER BUY or SHORT a MEME stock with declining revenue & earnings.

[@mikafiltenborg7572]

"Good luck" bet against Elon 😆

[@petemiller519]

Elon is pivoting on his original white paper. First of all his first guideline paper has been deleted, now the growth of EV's is ignored. The 50% growth rate is history, 20 million cars produced in 2030 is toast. Now it's an FSD pump, too bad 12.5.x has 126 miles critical disengagement rate while Waymo has over 17,000 miles. FSD has been promised for the last 8 years with no results in critical disengagements. Ever since Elon purchased Twitter, he has been spiraling out of control. Now hw will be selling more Tesla stock to make up losses for X. I was a shareholder since 2019, Elon has made me a lot of money, but his vision has changed too much for my support. Elon was an inspiration to me, now he is a punchline to a bad joke.

[@WarrenRedlich]

Wow! 2 hours? Watching late.

[@pault2985]

Warren u need to get on here and put him right more often. Needs u to balance his constant FUD. He has not idea of impact of energy etc

[@EforElectric]

I told Warren the same thing LOL

[@johnnywaxx1064]

i shorted tesla at 250$ TARGET 161

[@BarryObaminable]

Why do you say the ceo is working against the best interests of the company? Maybe he thinks the economy will do better under trump again than basically a recession under the current admin?

[@libertykrueger1433]

Don’t do it! Shorting Tesla has vaporized more money than any other investment. I can appreciate your concerns about Elons behavior, but shorting Tesla NEVER turns out well.

[@ahappyimago]

It’s not liberals who don’t like Trump, it’s people you have basic intelligence or follow politics

[@pedrosura]

Elon in 2019: I am a software engineer and I am personally involved. FSD ready by the end of the year!! Yeah this BS artist keeps promising

[@Steve-Richter]

He was busy building Starship to the point it can survive a fiery re-entry. Something the NASA government workers gave up on.

[@pedrosura]

@@Steve-Richter NASA doesnt build vehicles. NASA is a government agency. Like the Department of Energy or Agriculture

[@christopherbarrett9749]

Puts can do it

[@larrye6778]

aptera!!!!!

[@ahappyimago]

I’ll never buy a Tesla ever for purely political reasons. And I used to own 1000 shares.

[@diyman5289]

That's why I am voting for Trump to save America. Everyone who wants an electric car will buy one, and car dealers' sales are declining with all auto brands. The economy is crashing due to the Biden-Harris government printing too much money, and a lot of the money they printed has not been spent yet, so when all the money hits the market, all hell will break loose. Interest rates will hit 20% + when buying anything on credit.

[@bobbybishop5662]

🤣🤣🤣🤣🤣

[@jimboyle236]

You can blame the inflation on Biden/Harris but the truth is that every country flooded their systems with money during the pandemic. We have fared the best since then with one of the lowest inflations on a relative basis and also on an overall basis from this money printing. This is partly due to the US being able to export some of this inflation. Trump would have done exactly the same thing, as he is only concerned with short term gains and how he looks at the time. Consider that he fought with Powell during the 2018-2019 period to keep rates low when Powell was raising them during the boom. Trump doesn't think strategically and it's all about short-term with him. In addition, I believe he racked up the second or third highest amount of debt of any president during his 4-year term, and no debt was paid down during the supposed boom he wants to crow about. If you think he's the inflation fighter, I think you're wrong. Stupid policies like tariffs are a tax on us, and he wants even more now. For me this is all a moot point. The money system is destroying us and hollowing out the middle classes. Dems and reps spend both rack the debt up, it's just on different things. We are screwed at this point. I regardless for me, after usually voting Republican I would not ever vote for Trump because he has taken a big dump on democracy and is categorically unfit to be leading this country.

[@Steve-Richter]

@@jimboyle236 point is, how long can it continue? A $2T per year deficit is clearly unsustainable. It will be good for Trump to lose because it places the blame for the economic crash squarely on the democrats.

[@romeozulu4424]

Very very funny

[@jurybonsenor5479]

This is a clown 🤡

[@thetizza1]

This is the greatest click bait head line of all time, of all time🫡