Just to make sure you don’t miss it,please note there is an open plea for people to test the new site, so please read the post if you didn’t.
Over the long haul, there’s no arguing that Tesla has been anything but an incredible stock, having moved up many, many hundreds of percent:
(Click on image to enlarge)
Shorter-term, however, things are starting to look ugly. The company has lost one-quarter of its peak market cap, and between the company’s inability to crank up Model 3 production, the terrible accident caused (perhaps) by their AutoPilot technology, and their oppressive capital structure, gravity’s pull is clearly working. I’m both short the stock and long some June puts. Even on a day like today, on which the Dow is flying about 300 points higher and equities are up across the board, Tesla is bleeding:
(Click on image to enlarge)
