Short Elon Musk

One would think the market is trading Elon Musk’s reputation instead of two utterly separate companies, considering how they look like clones.

A Sloper sent me an interesting article this weekend, lengthily describing how Elon Musk, who has endlessly been described as the reincarnation of Steve Jobs, is also the country’s most successful welfare queen. Through subsidies, loans, and sweetheart deals, Musk has created an enormous fortune based on a combination of brilliance, guile, and an unwitting nation of taxpayers.

Shown below are the two public companies led by the man, both of which I am short, and each of which shares curiously similar patterns. One would think the market is trading Elon Musk’s reputation instead of two utterly separate companies, considering how they look like clones.

0604-scty

 

0604-tsla

 

STOCKS IN THIS ARTICLE

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