Agree with the conclusion, disagree with the reasoning.
In the end, good products and strategies win. Betting against Tesla is dumb because they've proven the doubters wrong about their products and strategies over and over again. They've stayed right on course with the ten-year plan they laid out ten years ago, and every product they've built has been loved by an overwhelming majority of its owners. Not many companies can say that, not even successful ones.
Short sellers need to tip their caps and recognize that Tesla understands what it's doing better than they do. The longer it takes them to realize this, the more money they're going to lose.
They have yet to prove any of the doubters wrong with regard to the model 3, sorry. Also, the stock is not traded on fundamentals as much as you or the rest of the public believes.
> They have yet to prove any of the doubters wrong with regard to the model 3, sorry.
There will always be an unproven next step. The point is that in each example where we have a clear conclusion, the conclusion has been favorable for Tesla. My money is on the Model 3 continuing this trend.
> Also, the stock is not traded on fundamentals as much as you or the rest of the public believes.
I never said (nor do I think) that the stock is traded on fundamentals.
This makes no sense in a trading environment. The reason that shortsellers are hovering is because Tesla is trading at aggressive multiples with aggressive business goals they show signs of missing. I'd like to see your "clear conclusions" that the model 3 is succeeding.
> I never said (nor do I think) that the stock is traded on fundamentals.
In the end, good products and strategies win. Betting against Tesla is dumb because they've proven the doubters wrong about their products and strategies over and over again. They've stayed right on course with the ten-year plan they laid out ten years ago, and every product they've built has been loved by an overwhelming majority of its owners. Not many companies can say that, not even successful ones.
Short sellers need to tip their caps and recognize that Tesla understands what it's doing better than they do. The longer it takes them to realize this, the more money they're going to lose.