[abirch]

Unfortunately it's expensive to short Tesla because Elon and Peter Thiel don't allow their shares to be shorted. Add to that, it's part of the S&P 500. It's going to take a while but I foresee a lot of red for TSLA. We'll see what happens but TSLA is already revising their target of cars sold in Q4

[tome]

> Elon and Peter Thiel don't allow their shares to be shorted

Do you have more information about that? That sounds impossible for a publicly traded company.

[abirch]

You can look at DRS: https://www.investing.com/news/company-news/genius-group-sha...

[tome]

Oh I see, you meant Elon and Thiel prevent the shares they control from being shorted? I originally thought you meant they prevent any TSLA shares from being shorted.

[bdangubic]

investors have stopped looking at TSLA as a car company awhile ago so car sales will hardly move the price (downward)