This subject comes up frequently on HN, but Tesla does not need to maximize their profits to ensure shareholder fiduciary requirements are met. I invest because it’s a cause that matters to me.
Employee compensation is valuable consideration of course. I prefer to not enable short sellers from profiting off of Tesla’s challenges, if that wasn’t clear.
Sidenote: Tesla employees with stock comp are going to do very well when a short squeeze drives the stock price up. And they deserve that comp.
Sure. But Tesla isn't the cult. Tesla is a fellow member. If St. Musk's vision doesn't pan out, I don't care much that I won't be the richest man in the wasteland.
To people like myself, those who short Tesla aren't short an unprofitable car company. They're short a better future. I make no apologies for being willing to take a small loss to cause them a big one. Anyone considering shorting this stock should consider that I'm not alone in that sentiment.