Stonkhead: Tesla short sellers need a big stimulus package
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Stockhead’s biggest market (t)memes of the week.
Is this one of the biggest r/wallstreetbets gains of all time? This guy started with ~$400 bucks. Now he has almost $1m.
On. One. Trade.
It’s Tesla of course.
Investors with short positions in Tesla — those betting that its shares would lose value — have lost $US35 billion so far this year.
For context, the US airline industry posted combined net losses of $US24.2 billion through the first nine months of 2020; the worst on record.
How to become a millionaire:
— JC Finance & Investing📈📊 (@JC_finance) November 29, 2020