Those sensational headlines. TSLA is 22% below the peak 3 trading days ago. Can we have a silly headline like this, given the change in market cap?<p>> <i>TSLA bulls lose $38B in 3 days.</i>
Live by the word, die by the sword. I know short sellers play a vital role in the game, but they also play dirty tricks. Sometimes they win, sometimes they get slaughtered.
'Markets can remain irrational far longer than you can remain solvent'<p>I have little sympathy for short sellers. Betting on any company to fail is a negative perspective. It's particularly foolhardy to bet against Elon.<p>I also do not find the common economic argument, that short selling introduces price efficiency, compelling. Most public markets are able to efficiently manage price discovery without negative pressures, such as housing markets, wages, etc. Furthermore, the advantage appears to be extracted purely as profit by the short seller.