I bet he didn’t call the shot. His family office CIO did.
But it’s his money so he owns the position.
But it’s his money so he owns the position.
Bill Gates' Tesla short
- Thread starter Pekelo
- Start date
Ford.cars are shit except for some trucks. tsla cars have power and nice electronics but they are no longer the only game in town. They will lose.market share consistently from here on out. Rather than 40 PE or Ford PE of 10-12 they should end up.somewhere in the middle which is fine by me as that puts them in the $80-$100 range perhaps.
Prior to this whole TWTR clusterf*ck, it would have been too risky for the stock price.How come Musk never hitched a ride up into space while both Bezos and Branson went up? Don't tell me he's scared like a little boy!
No matter how low the odds are now, strapping one's ass to the top of a rocket still comes with risk.
So back when TSLA stock was flying high, had Elon announced a ride into space, IV would have shot up until he made it back home safe, and heaven forbid, if something did happen, the stock would have probably fallen to...(hmmm?).... ->$122 maybe?
Nobody cares about Bezos, AMZN wouldn't budge if he croaked. And Sir Richard is just so damn cool, everyone already expects him to check out doing something crazy af.
Unlike cybertruck vaporware, the lightning is available & selling; so much so, it's been "inflation adjusted" > 40%
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Guilty? Since when is it forbidden to play profitably the stockmarket? As long as it is not naked shorts, there is nothing wrong with it, morally speaking. Elon is guilty of burning shorts with BS and market manipulation.
Gates is only guilty in the eyes of Musk or any employee or shareholder of Tesla. A massive short position against Tesla is not a good thing in the eyes of the aforementioned groups.
Musk does not like short sellers since at least 6 years ago. When TSLA was having production problems and he was sleeping in the factory. And the short sellers were circling for his blood.
Many big short sellers are not content to just take a short position. But they also release negative press about a company to push the price lower. Sometimes it is warranted, sometimes it is lies.
So short selling is fine in principle, but sometimes the short sellers resort to dirty tricks. Now Bill Gates may not be doing this, but Musk just doesn't like short sellers in general because of it.
Long buyers will try and pump stocks with positive spin news, but when short sellers do the opposite it can push a struggling company further towards failure.
Back then Musk didn't just take those short attacks sitting down, he resorted to his own counter dirty tricks against the shorts, eg. by saying he was considering taking the company private at $420 funding secured.
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Lol.
U think that was a dirty trick? He pulled that one off on the upswing.
My hunch... U ain't seen nothin' yet.
Bigtime.