alt Hacker NewsUnfortunately it's expensive to short Tesla because Elon and Peter Thiel don't allow their shares to be shorted. Add to that, it's part of the S&P 500. It's going to take a while but I foresee a lot of red for TSLA. We'll see what happens but TSLA is already revising their target of cars sold in Q4
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bdangubic • yesterday at 11:47 PM
investors have stopped looking at TSLA as a car company awhile ago so car sales will hardly move the price (downward)
> Elon and Peter Thiel don't allow their shares to be shorted
Do you have more information about that? That sounds impossible for a publicly traded company.