Over the past year, I have done six different posts about shorting Tesla, largely based out of my frustration that they remain a “one product company” whose Model X (on which I am 20,000 who has a deposit) has been endlessly delayed. The company peaked last September, falling from nearly $300 to $212.80 yesterday. Now that earnings are out, and JP Morgan has downgraded the firm, the stop is pre-market down about 7.5%. I’m holding on to this short.
Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.
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