jlauro
Well-Known Member
- First Name
- John
- Joined
- Dec 29, 2019
- Threads
- 7
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- 1,069
- Reaction score
- 842
- Location
- Owosso, MI
- Vehicles
- 2021 Infinite Blue AWD ER Mach-E
Well, I don't like short sellers in general. it's betting a company will do bad in the future.
My position is in the middle. I think Tesla stock is over valued, but not to the point where I think Tesla is going to stop growing any time soon or loose value, or that it needs a major correction compared to the future. A short sell is extremely risky at this point. Tesla has the potential to grow into their market cap, and no serious competition until 2022 in the auto market. Product wise they could in 2021 (mach e, maybe id.4, etc), but so far no one can produce enough compelling vehicles even if they have a competing product to make a significant dent In Tesla's numbers.
One year from now might be time to consider a short sell if they don't fix their quality problems, and other companies ramp up production. That said, betting on a company doing bad is risky and not really a good idea, but would certainly make more sense than anytime in the last several years.
My position is in the middle. I think Tesla stock is over valued, but not to the point where I think Tesla is going to stop growing any time soon or loose value, or that it needs a major correction compared to the future. A short sell is extremely risky at this point. Tesla has the potential to grow into their market cap, and no serious competition until 2022 in the auto market. Product wise they could in 2021 (mach e, maybe id.4, etc), but so far no one can produce enough compelling vehicles even if they have a competing product to make a significant dent In Tesla's numbers.
One year from now might be time to consider a short sell if they don't fix their quality problems, and other companies ramp up production. That said, betting on a company doing bad is risky and not really a good idea, but would certainly make more sense than anytime in the last several years.
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