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RE: Bye, Bye, Tesla – Why Am I A Happy Short Seller

in #investing6 years ago

lol. Me thinks you've just wasted your money.

The way you talk, you're thinking it's just a car company and yet it is so much more.

It’s a cash burning machine. - Yeah, it's building cars and trucks that have never made it to full-scale production before

High debts, with high interests. - See above

“From production hell to logistics hell” (quote from Elon Musk) - There ramp has been steep, but this is a good thing.

We don’t know if long-term gains will be possible. - As the cost of batteries comes down, the profits will rise.

Erratic behavior of Elon Musk. - What and Steve Jobs never relaxed with some drugs :-)

Very strong competitors rich on capital (Daimler, Volkswagen, Audi etc.) - Which playbook are you reading? At best they are looking at 2020. The horse will have already bolted.

Cooperating alliances of groups of competitors. - Yeah because this company is a threat and has the largest charging network in the USA.

Possibly jump in repair and guarantee costs. - With a few thousand less pieces under the hood, it's unlikely a car owner will be worse off with a Tesla.

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Yes, so are the optimistic points of view on Tesla. Audi and BMW are coming with new models in 2019. (Audi in Europe, end of 2018.) But 2020, that's only 15 months.
Thank you.

I think you are right i wouldn't short musk. But i would short snapchat, i see it going to 5 dollar per share over time.

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