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Elon Musk Loses a Billion Dollars Every Time the Tesla Stock Drops by 2.43 You know what to do!
(www.ibtimes.co.uk)
i convinced my dad to sell
this post was submitted on 02 Apr 2025
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I think everyone here on lemmy has either never owned tesla stock or sold ot all months ago.
What to do? Short it?
I wouldn't recommend any private investors to short anything, especially not out of spite. Shorting means that you borrow shares, immediately sell them and at a defined / later point in time, you have to buy again shares to give them back to the person you borrowed from. And as a stock's value can theoretically grow indefinitely, you can also lose an infinite amount of money and much more than you originally invested.
Molotovs wooooooooooo!
Could he go broke from people driving his stock down?