First their delivery numbers for Q3 will be lower than expectations, signaling continuing falling demand. This is after the price cuts, low interest rate offerings, and discounts. Demand just isn’t there and they do not have enough time to turn things around.
Margins keep getting tighter and tighter, falling to levels similar to other automotive companies. “But but FSD and robotaxi”. FSD hasn’t had the perceived success they thought it would have – people just like driving their cars and the extra value isn’t there for the normal person. Robotaxi won’t be ready this year, I’d be surprised if it’s ready next year – this is the most obvious sell the news out there, especially based on Tesla’s track record of over-promising and hyping things up.
They currently have nothing in their financials but “hope” that signals a turnaround. Fundamentals clearly show TSLA is overpriced and I expect a tank in the near term. Oh and once the Delaware judge validates the attorney fees Tesla will have to pay those attorneys in billions worth of options which will almost assuredly be sold. Good luck to TSLA bulls but things aren’t looking good.
My position is 50 8/2 $180 strike puts .
Why I’m short TSLA and you should be too
byu/Specific_Concern649 inwallstreetbets
Posted by Specific_Concern649
29 Comments
Positions or ban!
I hate to break it to you but TSLA appears to be forming a bullish technical set up. Many of the traders on Stocktwits who have thousands of followers have posted bullish TSLA charts this last week
I know people on here prob aren’t a fan of the ‘voodoo’. However TA is more useful/accurate on longer time frames. The one thing I’ve noticed over the last few years, is that when these TA guys post long term bullish charts in a bull market, they tend to work
Elon musk looking for you. He hates gey tsla bears.
I started shorting (puts) when it was at 180 in May. Felt like a boss when it dipped below 170. And then it shot up to 200. I averaged in some more puts as I’m of a similar mindset as you. But Elon is risky to bet against. Let’s hope we survive this one!
“I don’t know anything about the underlying business or what the word ‘expectations’ means.” -OP
Forget the DD, just yolo it all and let us know how it went 
People hate driving. As soon as FSD is approved that you no longer have to monitor it, adoption among Tesla user will go to 95 percent
Tesla doesnt trade on fundamentals man… you’re gambling here. The stock has been going up regardless of these known facts
I agree with your entire post except it is bullish. I know that sounds cray, but there is so much bullish news upcoming that it won’t matter. All EV are struggling and TSLA is struggling the least, and are keeping a pretty impressive amount of market share while others are losing money.
Also I am probably one of the top 1% of FSD users (I got a top driver score when they started releasing) and I have hated it until the recent update. The recent update is a game changer… I literally get teleported places as I am finally able to truly zone out while it takes me there with no interventions.
PS I hold zero tesla although my wife has 20 shares or some shit.
Post positions or stfu
Why short tesla when you can long puts, can anyone give me a reason to short (i.e. burrow shares, pay interest and potentially face unlimited losses)
My position is cooked
As long as TSLA considers itself an AI and robotics company and the market believes it, it’s dangerous to short. Fundamentals mean nothing because the fundamentals are about the car business, and thats not where the market cap comes from.
This will end with a massive loss porn post
IMO its sideways movement only at this point. If your placing puts, id say maybe down $5 by 7/19ish. I really cant imagine much else happening with this stock at this point
Lmao, people still haven’t learned huh? This market is no longer about fundamentals. It’s a casino sir….
Nope. Shorted Tesla before last earnings. Never again.
I always inverse WSB
Short again at 202 and 212, but long term I wouldn’t be bearish
You know you are doing it right when this sub against you 
Finally starting to see negative TSLA posts. Been a while. Time to go long hard as fuck.
CALLS IT IS!
You’re shorting into a summer low volume rally, where the spy just hasn’t had a 2% dip in a while, after your puts expire worthless (August) that’s typically when the market experiences some weakness for the third quarter and you can toy around the idea of shorting, but for now aside from some day trades shorts, you shouldn’t be expecting for any of the megacaps to collapse, regardless of their fundamentals.
I like this man…. This guy right here understand fundamentals!!!! However my boy….. you’re speaking to a man who blew up his account trying to short Tesla during their disastrous cyber truck release, falling demand, loss as top dog to BYD, and more and more…. Tesla doesn’t trade on fundamentals. Elon is a god damn charlatan and will say whatever the hell he needs to say to pump his stock. He says “oh yeah!!!! We will focus on super chargers!!!” Cuts the entire team and hires them back at a higher price… “oh yeah we will put out a cheaper economic model!!!” A few weeks prior they scrapped said plans and laid off members of the production team…. He’s a punk ass liar tbh. He was funneling resources to his other start ups away from Tesla until they awarded him his massive af pay package. Everyone who works for him hates him. Yet his stock continues to rebound week after week. I don’t touch Tesla anymore even though I realize theyre fundamentally flawed.
If anything, your strike price is sound; however, I think August is playing it too closely. I’d opt out for a far LEAP asap
Do not bet against the musk just a heads up
Buying.more.now
I’m short naked calls myself and feel comfortable with this. The IV is high enough for rolls, but of course it’s a cult stock, often runs and squeezes excessively for no reason. It’s definitely not for the squeamish.
If you have never seen this stock or the stock market in general before, solid essay and I’m sure it will go great for you!
Shorting a pure Bull breakout – careful my guy. I’m going calls this week