Life /
How are electric cars doing in Poland? [413]
Tesla is one of the most heavily shorted stocks in America
I am very aware of that and my hat is off to you for picking up on that.
Not many here even know what you are talking about.
A lot of people, mainly analysts, see TSLA as a normal automobile manufacturer.
Its production and sale of cars isn't anywhere near where F and GM are.
It's not doing business like the bigger guys, using dealers and big parts and service areas of the dealership.
And they probably won't make a profit for a couple of years.
They said similar things about AMZN (Amazon) up until two or three years ago.
You are right a lot of people have shorted the stock.
They may be right and I may be wrong, but I do know that that represents a lot of people who are going to be BUYING shares one day to cover their positions.
I don't pay too much attention to fundamentals, except for debt and cash flow.
I watch my investing charts and a lot of people are steadily buying.
About the time that you begin to see favorable articles about TSLA, the stock will be above $1,000.
It's the same story that I've seen over and over again throughout my life.
If you have limited resources it may be more risky than you should be looking at, and that's fine.
Especially going the options route.
When you try to get into a new concept like this there are risks.
But down the road when things begin to work out the way I think they will, you can still buy it.
I look at Elon Musk's past successes, both with TSLA up to this point, and his Space-X company, and batteries, and solar technology.
The guy is good, a lot better than the morons who are running Ford and GM.
How all of this will effect Poland, who knows but it will.