Opportunities and Fate: Retail Investors on Reddit Call to Short Tesla Stock Again!
Unusual Whales shared a message on X, revealing that there is a Reddit retail investor community called ElonMuskHate, which is rallying members to short Tesla (Tesla, NASDAQ symbol: TSLA). They have purchased $100 option contracts expiring on June 20th of this year and are encouraging all retail investors to buy Put Options in bulk through exchanges like Robinhood and WeBull. The post also suggests that Tesla’s current stock price is around $250, and the more the stock falls, the more harm it will cause to Musk. The motivation behind this is potentially seeking revenge on Musk through the anti-Tesla sentiment, hoping for a big win. With Tesla recently facing an onslaught of negative news, it seems like a chance to profit by shorting, but is this a get-rich-quick opportunity or the calm before a stock market crash? This article is not investment advice, but rather a personal market observation report.
Tesla’s Stock Price Fluctuates Like a Roller Coaster
Tesla’s stock price soared to $479 on December 17th last year during the U.S. elections but then steadily declined by nearly 51%, returning to its original level. As of the time of writing this article, the stock price is hovering around $248.71.
Anti-Tesla Sentiment Erupts in the U.S. and Canada
Las Vegas police recently reported a suspect who targeted a local Tesla factory, setting fire to Tesla electric vehicles and firing three shots, causing damage to at least five Teslas. The suspect also wrote protest slogans on the store’s windows. This is just one of many anti-Tesla incidents happening across the United States.
Due to tariff sanctions between the U.S. and Canada, an anti-Tesla wave has also spread in Canada. In Ontario, over eighty Teslas were damaged by scratches and punctured tires at a Tesla dealership, marking the largest such destruction incident in recent weeks.
President Trump strongly condemned the destruction of Tesla vehicles sweeping across the U.S. In a post on Truth Social, he stated that those maliciously destroying Teslas are ### and should be imprisoned for at least twenty years in El Salvador (note: Trump has recently sent U.S. criminals to serve their sentences in El Salvador).
Musk Calls Destructive Acts a Conspiracy by Democratic Supporters
Musk told Fox News that he believes a larger force is funding the violent destruction of Teslas. He named billionaire Democratic supporters, George Soros and Reid Hoffman, though he did not provide any evidence to support their involvement in the protests.
Tesla: The Favorite Stock to Short on Wall Street
Tesla has long been a favorite stock to short on Wall Street. Besides the financial giants Soros and Hoffman, hedge fund expert Per Lekander has been shorting Tesla for years. Microsoft founder Bill Gates also heavily shorted Tesla during its lowest point, which caused Musk to harbor resentment against him for years.
Tesla’s Fate Crossroads Once Again
As the saying goes, “Others fear, I am greedy.” Tesla finds itself at a crossroads again, with a flood of negative news attacking Musk and the company. Some smell the opportunity for profit, as Wall Street often takes advantage when you’re down. When else would you short the stock if not now? This is a moment where both opportunity and fate align. Whether the stock rises or falls, there are speculators on both sides. Which path will you take?
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