Originally Posted by
Trip7
FYI TSLA investors, Dr. Michael Burry, who's famous short of the Mortgage Backed Securities is detailed in the book and movie The Big Short, is shorting TSLA. Tread carefully. Don't get wiped out.
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I was getting a bit concerned about TSLA valuation as well. Rather than paring my position I went with selling CC against a portion of it. I'll keep rolling them ITM, possibly out and up or maybe just out.
On a side note, Elon Musk is the richest person in the world and the TLSA shorts have lost close to 100 billion so far this year. Ouch...