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by bdangubic 282 days ago
shorting TSLA is never smart because TSLA investors are not driven by any rhyme or reason. Elon is the greatest salesman to ever live and people have been buying his sh*t for decade+ now. if TSLA was a reasonable company investment-wise I would mortgage my house to short the shit out of it :)
2 comments

Yeah -- I am of the opinion that TSLA is rather obviously highly overvalued, but the market can stay insane for longer than I can stay solvent so there isn't anything I can do to act on that.
Yep, that’s why I clarified that I am a recent bear. I think that in the next year funds will reevaluate them and we will see at least a 20% drop in price.
It'll never drop by 20%. Either it keeps on growing, or it collapses.

Given that they apparently have no new models in development, I'd expect the latter.

- Their roadmap is just updates to their existing line-up, and vapourware crap that relies on their "Full Self Driving" somehow magically starting to work.