$1 Million Dollar Tesla Short ($TSLA)

Sharing is Caring!

via WSB:

How I plan to Short Tesla ($TSLA) with a max of $1,000,000. Then, walk away with roughly +$300K-$500K in profits. Or, I will walk away with lower profits if Tesla crashes before any of the next steps shared below.

Here is my current short position: Step 1:

✅ Step 1/Position Started:
Current Average: $1,070.14
Current Cost Basis: -$200,117.03

✅ Step 2
Short at: $1,200~
Amount: $200K~
Shares to buy: 166~
New Cost Basis: $400,117.03~
New Average: $1,131.20~

✅ Step 3:
Short at: $1,500~
Amount: $400K~
Shares to buy: 266~
New Cost Basis: $800,117.03~
New Average: $1,289.68~

We are primarily funded by readers. Please subscribe and donate to support our operation!

✅ Step 4/Optional:
Short at: $1,700~
Amount: $200K~
Shares to buy: 117~
New Cost Basis: $1,000,117.03~
New Average: $1,354.91~

See also  The purchasing power of the dollar continues to VANISH! In April, the purchasing power of $100 in January 2000 is $55.70 (down $.20 from March).

I plan to cash out after a -30% drop, maybe ill aim for a 50% drop which means Tesla would be either at $949.44 for a -30%. Or, $677.45 for the -50%. This leaves Tesla with room to run from its current position of $1,100 a 23% gain to the final breakeven point or, 54% to the final optional step.

Worst Case:
Tesla runs up from my even price of $1,354.91 to $2,100 a $2.1 Trillion Market Cap. I’ll take a half a million dollar loss which I can afford all day, any day. Won’t kill me. (-50%).

If Tesla doubles from its current price, it will be worth more than Apple and Microsoft by $1 Trillion Dollars. I strongly believe the ROI for new buyers is dramatically decreasing. In other words, the Greater Fool is running low/near the end. There is too much risk, too many emotions, and greed flowing around. Be fearful when others are greedy. In this case, ill profit from their beyond delusional greed. Or, Tesla is currently at peak levels and I don’t even get to the next steps. Still a win.

See also  Here we go again....Regional banks plummeting as short sellers circle, weighing on market, lifting Treasuries

– Charlie


Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.

Views: 2

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.