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Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,757
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I have wanted to short Tesla for nearly a year now but I know better. I look at the puts almost every day but they trade so rich I can't justify buying any. The calls are not worth selling because you can get rolled so quickly.
I don't believe their accounting, the Federal Tax credit's going away, they are closing all their dealerships, they smell like a company who is dying. You cannot expense your way into a profit, so make all the cuts you like, the bottom line needs sales of goods that actually make money.
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono
Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S
Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster
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