Sunday 30 September 2018

Short Tesla (TSLA)

I went short TSLA a couple weeks ago at around $307.

I just cannot stand Elon Musk, it's CEO, and the fact that his charisma is probably the only reason this company with rotten fundamentals is worth this much in the stock market!

And then on Friday, the SEC probed Elon regarding his $420 tweet in August.

TSLA plummeted from around $310 to close around $264.

This morning, I'm reading news of a settlement having been reached.

Let's see how the market will react to this come Monday open.

Hopefully no significant spikes upwards :P

HUAT AH!!!

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