Wheels falling off cars at speed. Suspensions collapsing on brand-new vehicles. Axles breaking under acceleration. Tens of thousands of customers told Tesla about a host of part failures on low-mileage cars. The automaker sought to blame drivers for vehicle ‘abuse,’ but Tesla documents show it had tracked the chronic ‘flaws’ and ‘failures’ for years.
The problem with shorting is not knowing when people will finally catch on and the stock finally crashes.
I read somewhere one investor saying, that they don’t mind betting against tesla, they have an issue with betting against how long the market can behave irrationally.
Tesla is a stupid company to bet against as they are a stock manipulation company first, and a car manufacturer second.
Tesla has a cult like following, that’s why it’s where it is so it might not go down anytime soon. The artificial status will stay. I mean Elon is slowly working towards destroying the brand, all the brands he touches but cult like following is hard to bring down.