• HumanOnEarth@lemmy.ca
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    16 days ago

    This is how I know, 100% no shadow of a doubt, TSLA is being highly illegally manipulated.

    All in TSLQ and still waiting, maybe forever… bottom line is either reality prevails and I make a LOT of money, or shit is rigged so bad we have no future anyway.

    • elbucho@lemmy.world
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      16 days ago

      Godspeed to you. I was convinced of the same thing a couple of years ago and lost my ass shorting that stock. Turns out, the market can stay manipulated for a long fucking time because there’s no regulatory body that actually gives a shit.

      • skisnow@lemmy.ca
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        15 days ago

        I know in principle all stocks are meme stocks, but there really truly are no fundamentals to back up its recent prices or any reason to expect that they’ll have the growth they need in order to deliver a respectable EPS at that price.

        Five years ago they were at the bleeding edge of technology, but now they’re getting overtaken by both China and European makers, their self-driving keeps steering people into oncoming traffic, the Cybertruck has been a huge failure, and also half the world absolutely fucking hates Musk since he went full mask-off Nazi. There just isn’t a path to the 120% market share they’d need to warrant a $1.4T market cap.

        • Saffire@sh.itjust.works
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          15 days ago

          Yeah Tesla is definitely a shit company and doesn’t deserve the market cap they’ve been afforded. I just keep having flashbacks of Michael Burry and Bill Ackman losing tons of money shorting Tesla for the exact same reasons… And that was years ago.

        • someacnt@sh.itjust.works
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          15 days ago

          Well, I guess there is the expectation that Nazi corruption and leaked govt data will help TSLA massively. How do you think about it?

      • HumanOnEarth@lemmy.ca
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        15 days ago

        Inverse 2x TSLA… tesla go down 10%, etf go up 20%

        No brainer move, but unfortunately there are no brains left in the market. Two kids burned, unable to be rescued from a Tesla on fire - door handle design flaw… stock goes up. Miss earnings? Stock goes up. More insider selling, lawsuits, staff departures…you guessed it, up.

        Until, it’s down.