Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Let's look at the facts: a) Tesla is the most shorted stock in history, b) 1000s of hackers are working hard to break things like this, c) if it was possible to break it and damage the company someone would have done it already. This just feels like an disgruntled employee.


Counterpoint: when you ignore Musk’s Twitter tirades about shorts, and his uberfans’ subsequent aping of those tirades a simple truth remains: Tesla is one of the most overvalued stocks in history, and far from being mustache-twirling villains with limitless resources and no morals, people shorting TSLA are doing so in anticipation of reality catching up with the listed price. They’re not undermining Tesla, they’re not hoping for it to fail, they’re just waiting for the stock price and the reality of the company to intersect. It would be a lot less frustrating talking to hardcore Tesla/Musk fans if you didn’t have to wade through conspiracy theories to do it.


Let's work the opposite way too

a) car manufacturing is one of the most competitive industries, b) 1000s of engineers are working on making better cars, c) if it was possible to make profitable, affordable, self-driving electric cars, somebody would have done it. Comes off as a snake oil salesman.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: