Hacker News new | ask | show | jobs
by votepaunchy 2631 days ago
> What did I get wrong here?

Your assumption that corporate PR is “emerging reality”. Shorts are also capable of revealing reality.

1 comments

Yes they are and information is useful, but do you think all shorts are informative? and do you think these shorts are? I think these shorts are opportunistic and seek an advantage not an informed position. The longs by and large in Tesla believe about an industrial transformation.

I think musk is a very flawed capitalist, but I think Tesla is interesting as a company. Panasonic is huge. Their decision to invest in the battery plant speaks to me more than the shorts do. Likewise the Chinese decision to invest in the gigafactory. These are not short positions, they are major long-term capital investment which is continuing.