If you want to short TSLA you'd have to hold that position long enough for the market to realize that you're right... that may take a long time, and you may not make it.
Sounds like a Ponzi scheme.
So do Ponzi-scheme victims.
Shorting a ponzi scheme in general isn't simply a bet that you have correctly identified that the scheme exists. It is a bet on /when/ the scheme will collapse.
Dotcom boom 1.0 was called a bubble (different name, same smell) by plenty of people who did their shirts on it. They were right. The valuations of all those dotcoms were ridiculous. I'm not sure many of those stocks are still around. Altavista, yahoo, bajizoobmalimba.com, walkyourdog.com etc etc.
Going long you can easily play the long game. "I'm not vindicated yet, but this is good, I can wait."
Going short is not a symmetric position the other way.
By your logic, does that mean that a company can do anything crazy and insane - and it makes no sense to buy puts against TSLA...ever?
> So then, what is a signal to go short on TSLA?
> By your logic, does that mean that a company can do anything crazy and insane - and it makes no sense to buy puts against TSLA...ever?
I'm really just talking about individual investors here. If you're someone with a day job and a small pot of cash who wants to make money playing games with TSLA, you're going to have a bad day.
I think all the things you mentioned are reasons not to buy the stock at its current valuation.
Tesla already uses the established CCS standard for their chargers and cars in Europe.
That makes it possible for Teslas to charge at other highspeed chargers, but only Teslas can charge at superchargers since they communicate with the car and reject all non-Teslas.
To their credit Tesla has a standing invitation to share their supercharger network with other manufacturers, though none have taken them up on on the offer, perhaps the terms are harsh.
Why does there need to be an invitation? Tesla can open their network to all EVs right now, just like all the other charging networks have.
Tesla says their mission is to accelerate the advent of sustainable transport. If that's true, then why isn't their network open to all EVs?
Also they've invested quite a bit in the network, some fee to use it for other manufacturers is in order.
And if we're going with the accelerating sustainable transport argument - where do we draw the line? Why not just give away EVs to everyone at no cost?
European charging networks are integrated with roaming and aggregated billing already. This is not novel. If they can do it, why not Tesla?
> Also they've invested quite a bit in the network
So has everyone else and yet Teslas charge on their networks right now. If they can do it, why not Tesla?
> Why not just give away EVs to everyone at no cost?
Because companies want to make money. Who ever said anything about offering free charging or free cars?
Why would you expect them to open up their network then? Currently it's a competitive advantage, making their cars much more likely to be bought with long trips in mind.
Closed infrastructure is not in your best interest as a car owner. All charging sites charging all brands of EVs, just like all fuel stations fuel all brands of ICE vehicles, is better for you and everyone else.