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[u/AdaXaX] We have power! Tesla’s stock is now 100$ less worth than one month ago. Keep the boycott spinning! Buy from the EU only! (feddit.org)

submitted 14 hours ago by Mothproof2212@feddit.org to c/buyeuropean@feddit.uk

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[-] B0rax@feddit.org 4 points 13 hours ago

Shorting Tesla stock sounds almost like a foolproof way to make money these days…

[-] OhNoMoreLemmy@lemmy.ml 1 points 32 minutes ago

The risk is that a bunch of crazy trump supporters might try to GameStop it. Or that a Saudi prince or Russian oligarch will pump the stock as a way to curry favor with musk.

Bill Gates has been trying to short it for years and it's just kept going up. There's nothing rational about the market.

[-] dynamoMaus@feddit.org 1 points 2 hours ago

I never recommend shorting

[-] Pringles@lemm.ee 10 points 11 hours ago

Sure, but entire fortunes were lost shorting Tesla in the past as well. It has been wildly overvalued for ages and it still is ridiculously overvalued, but I personally wouldn't bet on it.