Profiting From Tesla Shorts: A Continuing Saga
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Sorry to keep doing victory laps on this, but my Tesla (TSLA) short call is the gift that keeps on giving. Every single thing about this chart screamed “death”, and I think it’s got way, way, WAY farther to fall. So……yer welcome.
Last week, Rivian (RIVN) did some kind of product launch which had people jizzing all over the broad side of a barn. The exultation was, shall we say, short-lived. The monstrous volume has yielded nothing more than a bunch more people sitting on capital losses.
Keep in mind, these are the superstars of electric cars. Everyone else is way, way worse.
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
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I appreciate the analysis ---put an options collar on a Tesla position (family member account).