Elon Musk Loses a Billion Dollars Every Time the Tesla Stock Drops by $2.43
www.ibtimes.co.uk
A growing negative sentiment around Tesla is driving a mass exodus of customers to rival EV brands, including BYD and Lucid Motors.

Originally Posted By u/transcendent167 At 2025-04-02 10:54:42 AM | Source

  • SunshineJogger@feddit.orgEnglish
    15·
    2 days ago

    I think everyone here on lemmy has either never owned tesla stock or sold ot all months ago.

    What to do? Short it?

    • rbn@sopuli.xyzEnglish
      8·
      2 days ago

      I wouldn’t recommend any private investors to short anything, especially not out of spite. Shorting means that you borrow shares, immediately sell them and at a defined / later point in time, you have to buy again shares to give them back to the person you borrowed from. And as a stock’s value can theoretically grow indefinitely, you can also lose an infinite amount of money and much more than you originally invested.