I posted a bit about Tesla in previous BTC ideas as an example, the company CEO seemed a bit extravagant, but now he went full insane! He is saying his company will probably fail because of short seller pressure. He just cannot handle it. The people working for him are working under bad conditions but they believe in the bubble and think they will become super rich in a couple of years.
I recommend keeping an eye on this joke, see how it unfolds. It sure will be educational, and very entertaining. Be warnied, there might be some suicides and similar things...
I do not know enough about this to know how to trade it, and I believe we do not know enough to trade it. I think it is still the most shorted stock there is, but there is too much uncertainty to short it. Better stay away ;) And when so many people already short something, I think it is best to not join them anyway, so that is one more reason.
Cannot go long either with this bipolar guy, and something that is "the future of humanity" with so many FOMO investors. Just too much craziness both ways.
Note
Told you Elon Musk went crazy... If you do not know you will very soon...
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