Elon's short shorts

Discussion in 'Shares & Funds' started by Drifty, 6th Jul, 2020.

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  1. chi.lam

    chi.lam Well-Known Member

    Joined:
    12th Jul, 2015
    Posts:
    62
    Location:
    Sydney
    Haha it was the shock of my life when I saw him on YouTube.

    I found out about Tesla in 2017 and was completely sold about their future. Bought a large stake at $350.

    https://twitter.com/cybrtrkguy/status/1286035351732092928?s=09

    Tesla posts a Q2 GAAP profit, now eligible for S&P500 inclusion. Chart shows decline in auto sales for every Auto manufacturer except Tesla for first half of this year. Growing despite a worldwide pandemic.

    Some auto makers will go bankrupt or be forced to merge in this worldwide transition to electric vehicles. It'll take a couple of decades, this is only the beginning.
     

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    chi.lam, 23rd Jul, 2020
    #21
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