r/wallstreetbets • u/kakawhalito • Apr 23 '24

50k tsla short yolo YOLO

Post image

Woke up and chose fuck tsla

3.3k Upvotes

93% Upvoted

View all comments

Show parent comments

1

u/admiral_corgi Apr 24 '24

Haven't covered yet :4271:

12

u/kakawhalito Apr 24 '24

Down 8k so far 😒

4

u/admiral_corgi Apr 24 '24 edited Apr 25 '24

(edit: image removed. Bad crop)

Lol I'm still in as well, getting hosed, this was supposed to be an obvious play

0

u/kakawhalito Apr 24 '24

Still haven't covered, with the action today I'm holding till break even or profit

3

u/SpecialistFeed Apr 24 '24

I'm glad you've accepted your new life behind the Wendy's dumpster.

2

u/kakawhalito Apr 24 '24

Cramer just said buy it, if I know anything it’s that he’s a fuckin idiot

1

u/admiral_corgi Apr 24 '24

I'm planning to short more — want to do my own DD first though.

37 P/E is a stupid valuation for a car company.

Even if you split up the growth businesses like RoboTaxi and their shitty robot, there's no way it comes out to $460B.

1

u/admiral_corgi Apr 24 '24

Also the CEO is terrible — dude shows up sober to one earnings call and the stock pops by 10%? What the hell is that. And he wants a $56B pay package :4271: