$Tradr 2X Short TSLA Daily ETF(TSLQ)$ I have been wanting to do this for a looonnnnggg time!
It's not about EV cars, isn't it? Or is it?! If you asked Tesla or Elon Musk's faithful supporters, many will tell you about innovative company or group of companies. They will value Tesla like an Apple ππ! But is it really an Apple ππ? When car sales go down, sales volume for storage batteriesπ are simply not enough to make up for the shortfalls. Not to mention the yet-to-be released Optimus or robocab! Imagine if there's no buyers due to Elon Musk's new found DOGE hobby with his new ift on and off buddy, Donald Trump.
If you dig deeper, you will realise that Elon Musk has merely been riding on taxpayers coattails to get to this point. Think Tesla US EV subsidy and SpaceX's NASA's contracts. Yes, the cars were launched and rockets π did fly alright. However, without the generous subsidies from the American government (or people for that matter), every Tesla sale is a loss, every π failure is a big cost, how would Elon Musk gets to today's bashful nature!? He happens to know how to tap on government funding, that's all! Call him the great innovator? Is he even the founder of Tesla?
So, here I am, selling shorts on Tesla... My rocket π booster conviction obviously came from Elon Musk's buddy, Donald Trump!
Tesla is an easy preposition. Why is it not easy to short? Besides the army of supporters, there's the greater army of traders, who trade on momentum and direction. So, when Tesla is flying πͺ½, the traders will push it higher. Only when the direction reverted will there be the same army to bash it... I was merely riding on the coattails, or at least that was the plan... In Donald Trump I trust, to bring Tesla down...
Yup, not some TA this time... Especially not when there's panic in the air...
@TigerStars @Daily_Discussion @CaptainTiger
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