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Tesla blamed drivers for failures of parts it long knew were defective
(www.reuters.com)
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this post was submitted on 20 Dec 2023
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The problem with shorting is not knowing when people will finally catch on and the stock finally crashes.
I read somewhere one investor saying, that they don't mind betting against tesla, they have an issue with betting against how long the market can behave irrationally.
Tesla is a stupid company to bet against as they are a stock manipulation company first, and a car manufacturer second.
Tesla has a cult like following, that's why it's where it is so it might not go down anytime soon. The artificial status will stay. I mean Elon is slowly working towards destroying the brand, all the brands he touches but cult like following is hard to bring down.