Let’s face it: TSLA is overvalued and finally started a correction. I’m (real money) short (at 930 $) with a TP under 550$ (best case under 450).
NO (I repeat) NO, Absolutely NO smart money or “long only” fund manager will go long (only) on TSLA in the current market. TSLA is overvalued, started to correct then need to at least go back to “high multiples” and...
My short on TSLA is still in play. We also recently got some interesting data’s that shows that Michael Burry is short 1/2 a billion $ on TSLA. In average and over the long run, stock price tend to reflect somewhat fundamentals...
Let’s wait and see :)
B.
Musk is simply acting like if he is above the laws including the law of gravitation...
Manipulation, unclear around cryptos, nothing for me that justifies a still astronomical valuation.
Two scenarii:
1- TSLA delivers serious growth like EPS 5x higher than currently within the next few semesters then why not hanging a bit around with still high valuation BUT a...
Hi!
I was ending my education / starting my career when the internet bubble exploded 20 years ago... I still remember the verticality of some charts!!!
I don’t say TSLA can be the ONE over a million BUT I agree with many of you that the downside risk is here and such valuations usually ends in bloodbath. Private investors / hipster / Robinhooders and other...
