Musk put a car into space, but can he send TSLA to the stars?
Hey guys, YoungShkreli in the house
Let me just say that Elon Musk is truly an inspiration to me. I've read two books about him, watched many interviews and I can't name you many more people more impressive alive today. He works ALL the time, he's brilliant and he's easily the most ambitious person on the planet (hence why he is trying to leave).
That said, as I've mentioned before, this bull run in the broader economy won't last forever and TSLA will struggle massively in the next recession if it can't be profitable in such a bullish period. It is speculative at best and dangerous financially at worst. If you buy TSLA, you aren't long the automobiles, you are long Elon Musk. Right now, there is nothing good about TSLA in terms of its valuation. It's an INCREDIBLE company, but it is not the wisest investment decision.
TSLA stock could hit VERY low lows in the coming recession, so I would suggest everyone stay away until TSLA achieves a profitability represented by such a high evaluation.
SUMMARY:
I am not saying to anyone to short TSLA. In fact, I would implore you not to because firstly, it's a wonderful company, and secondly, it's the most shorted stock in the US and maybe the world. When there are that many short-sellers, there's potential for a massive short squeeze. So, stay away from TSLA, but hope that it survives.
Good luck bros,
YoungShkreli
Let me just say that Elon Musk is truly an inspiration to me. I've read two books about him, watched many interviews and I can't name you many more people more impressive alive today. He works ALL the time, he's brilliant and he's easily the most ambitious person on the planet (hence why he is trying to leave).
That said, as I've mentioned before, this bull run in the broader economy won't last forever and TSLA will struggle massively in the next recession if it can't be profitable in such a bullish period. It is speculative at best and dangerous financially at worst. If you buy TSLA, you aren't long the automobiles, you are long Elon Musk. Right now, there is nothing good about TSLA in terms of its valuation. It's an INCREDIBLE company, but it is not the wisest investment decision.
TSLA stock could hit VERY low lows in the coming recession, so I would suggest everyone stay away until TSLA achieves a profitability represented by such a high evaluation.
SUMMARY:
I am not saying to anyone to short TSLA. In fact, I would implore you not to because firstly, it's a wonderful company, and secondly, it's the most shorted stock in the US and maybe the world. When there are that many short-sellers, there's potential for a massive short squeeze. So, stay away from TSLA, but hope that it survives.
Good luck bros,
YoungShkreli