Skip to content
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(Reuters)   Elon has begun selling red shorts to mock the short-sellers and nay-sayers. He better hope this doesn't come back to bite him in the satin   (reuters.com) divider line
    More: Silly, General Motors, Lexus, sales of red satin shorts, Tesla Motors, Toyota, Automotive industry, Tesla Inc, short shorts  
•       •       •

443 clicks; posted to Business » on 06 Jul 2020 at 8:55 AM (4 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



39 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2020-07-06 8:02:25 AM  
I put a downpayment on 18 pairs!  Thanks, Elon!
 
Xai [TotalFark] [BareFark]
2020-07-06 8:04:30 AM  
I always cringe when reporters try to BS their way through things they clearly don't understand - "The shorts cost $69.420, the last three digits an apparent reference to Musk's infamous tweet in 2018 that he was considering taking Tesla private for $420 per share, with 420 also a code word for marijuana."
 
2020-07-06 8:09:24 AM  
I really wish he'd stop being an ass.
 
2020-07-06 8:13:46 AM  
I had to plunk down $1,000 for reservation :(
 
2020-07-06 8:50:00 AM  
I can think of a lot better ways to waste money than shorting Tesla.  I mean, it could pay off someday, but so far it looks like roulette has better odds.
 
2020-07-06 8:53:57 AM  
It'll all collapse in the next 10 years and a gov't re-org will empower NASA to take over SpaceX for a song to keep everyone working and the rockets flying and American rocketry will once again be owned by the American people.

/don't interrupt me when I'm having a good dream
 
2020-07-06 8:56:44 AM  

italie: I really wish he'd stop being an ass.


He only is getting worse
 
2020-07-06 9:03:13 AM  
Tesla is proof that all of the hatred against short-sellers does not make much sense.
It was the most shorted stock ever and quintupled.
 
2020-07-06 9:08:04 AM  

Straight Outta Hate: Tesla is proof that all of the hatred against short-sellers does not make much sense.
It was the most shorted stock ever and quintupled.


Short covering explains about 90% of this entire bull market from 2009
 
2020-07-06 9:08:29 AM  

Straight Outta Hate: Tesla is proof that all of the hatred against short-sellers does not make much sense.
It was the most shorted stock ever and quintupled.


Also, having even the most basic, fundamental understanding of what short selling is proves that.
 
2020-07-06 9:35:21 AM  

Dead for Tax Reasons: italie: I really wish he'd stop being an ass.

He only is getting worse


Untreated Mania is a biatch.
 
2020-07-06 9:44:16 AM  
way back when tesla stock was down i said there's easier ways to make money than betting on Musk failing. btw, $69.420 for short shorts? nice.
 
2020-07-06 9:49:30 AM  
Elon Musk really needs to learn to win gracefully.  Hedge funds have already lost record amounts of money betting against Tesla stock for the last 5 years.  Take the victory and try to be magnanimous for once in your farking life.
 
2020-07-06 10:03:52 AM  

v2micca: Elon Musk really needs to learn to win gracefully.  Hedge funds have already lost record amounts of money betting against Tesla stock for the last 5 years.  Take the victory and try to be magnanimous for once in your farking life.


If he were to do that, the rabid fanbois wouldn't jerk off to him.
 
2020-07-06 10:10:32 AM  

Barfmaker: It'll all collapse in the next 10 years and a gov't re-org will empower NASA to take over SpaceX for a song to keep everyone working and the rockets flying and American rocketry will once again be owned by the American people.

/don't interrupt me when I'm having a good dream


You know that the Saturn V was built by private companies right? It's not like NASA owned the means of production back in the good old days.
 
2020-07-06 10:20:43 AM  
Elon is proof that we must put an end to immigration!

I honestly have no farking clue if I am doing this right. Neither does fark.
 
2020-07-06 10:28:26 AM  

BMFPitt: Straight Outta Hate: Tesla is proof that all of the hatred against short-sellers does not make much sense.
It was the most shorted stock ever and quintupled.

Also, having even the most basic, fundamental understanding of what short selling is proves that.


To be honest, basic fundamental understanding has no place stock fora.  Apparently both shorting and "don't pass" bets in casinos are irrationally hated.  Then you have to assume that many of those with that much money riding against such a stock is going to run a "pop and buy" (the reverse of "pump and dump") propaganda push.
/don't pass doesn't help or hurt the roller and rest of the players
//shorting at least increases the perception that the stock is going down
///until they are squeezed so often it becomes a cliche
 
2020-07-06 10:45:12 AM  
"This guy put on the brown pants!"
 
2020-07-06 10:47:23 AM  
I would LOVE to see the IRS do a full audit of all his companies
 
2020-07-06 11:35:44 AM  
It's almost as if people are beginning to catch on to the fact that a car that costs 1/20th the cost of a gasoline powered vehicle to operate and maintain over its life might be a good thing.
 
2020-07-06 11:52:21 AM  

lifeslammer: I would LOVE to see the IRS do a full audit of all his companies


I would be shocked if they hadn't audited them all at some point.
 
2020-07-06 12:53:56 PM  

italie: I really wish he'd stop being an ass.


That's the thing.  I'll never buy a Tesla, not because of the product, but because of him.  I like the product, but I value worker safety, and calm reasoned heads.  I don't want him suddenly deciding whatever model I buy will no longer be available.
 
2020-07-06 3:41:38 PM  

hammettman: It's almost as if people are beginning to catch on to the fact that a car that costs 1/20th the cost of a gasoline powered vehicle to operate and maintain over its life might be a good thing.


Why are the purchasing expensive cars if they understand money?
 
2020-07-06 3:46:43 PM  
In other words, he's joined the short sellers. Also good shiat, talk about a crybaby streak. If it weren't for its consistently high short interest, TSLA wouldn't be nearly as volatile as it is. The ticker already ate the money of those playing the second part of the upsy-downy game. Being a sore winner on top of that is just petulant.
 
2020-07-06 4:05:47 PM  

lifeslammer: I would LOVE to see the IRS do a full audit of all his companies


You're talking about Trump, right?

Oh, you're talking about somebody who is actually contributing something of worth to our society.  lol
 
2020-07-06 4:06:31 PM  

doomjesse: italie: I really wish he'd stop being an ass.

That's the thing.  I'll never buy a Tesla, not because of the product, but because of him.  I like the product, but I value worker safety, and calm reasoned heads.  I don't want him suddenly deciding whatever model I buy will no longer be available.


Looks like you should never have bought that Ford.
 
2020-07-06 4:21:25 PM  

v2micca: Elon Musk really needs to learn to win gracefully.  Hedge funds have already lost record amounts of money betting against Tesla stock for the last 5 years.  Take the victory and try to be magnanimous for once in your farking life.


Oh, those poor poor hedge funds. How dare Elon pick on them.
 
2020-07-06 6:04:08 PM  
I, for one, am amused by this story.
 
2020-07-06 6:04:41 PM  

Likwit: v2micca: Elon Musk really needs to learn to win gracefully.  Hedge funds have already lost record amounts of money betting against Tesla stock for the last 5 years.  Take the victory and try to be magnanimous for once in your farking life.

Oh, those poor poor hedge funds. How dare Elon pick on them.


You. I like you.
 
2020-07-06 10:05:46 PM  

BunkyBrewman: doomjesse: italie: I really wish he'd stop being an ass.

That's the thing.  I'll never buy a Tesla, not because of the product, but because of him.  I like the product, but I value worker safety, and calm reasoned heads.  I don't want him suddenly deciding whatever model I buy will no longer be available.

Looks like you should never have bought that Ford.


I'm buying Ford. At $6.20 it's a much better investment than tesla at $1400.
 
2020-07-07 1:01:16 AM  

Dead for Tax Reasons: italie: I really wish he'd stop being an ass.

He only is getting worse


I have always said he reminds me of a bad combination of the worst aspects of Tony Stark and Lex Luther.

On any given day it's even odds on him trying to be Iron Man or producing a genocidal robot to try and take on Superman.
 
2020-07-07 1:28:36 AM  

BunkyBrewman: doomjesse: italie: I really wish he'd stop being an ass.

That's the thing.  I'll never buy a Tesla, not because of the product, but because of him.  I like the product, but I value worker safety, and calm reasoned heads.  I don't want him suddenly deciding whatever model I buy will no longer be available.

Looks like you should never have bought that Ford.


I buy Toyota.  Compare how much is made in the US and it's the more "American" car.
 
2020-07-07 7:40:04 AM  

Ketchuponsteak: hammettman: It's almost as if people are beginning to catch on to the fact that a car that costs 1/20th the cost of a gasoline powered vehicle to operate and maintain over its life might be a good thing.

Why are the purchasing expensive cars if they understand money?


When I bought my Model 3 I did the math and with tax credits, lower fuel costs and lower maintenance costs (also with then insane sub 1% 72 month financing) I calculated if I kept the car 8-10 years it would essentially be free when factored against savings.
 
2020-07-07 8:51:23 AM  

Mr. Eugenides: BunkyBrewman: doomjesse: italie: I really wish he'd stop being an ass.

That's the thing.  I'll never buy a Tesla, not because of the product, but because of him.  I like the product, but I value worker safety, and calm reasoned heads.  I don't want him suddenly deciding whatever model I buy will no longer be available.

Looks like you should never have bought that Ford.

I'm buying Ford. At $6.20 it's a much better investment than tesla at $1400.


I was speaking of Henry Ford and how great of a person he was. /s

I too thought F was a better investment than TSLA was at $100 back in 2013. So I sold TSLA and made a modest profit while Ford stock went down but still paid modest dividends throughout.
 
2020-07-07 9:14:49 AM  

fortheloveof: Dead for Tax Reasons: italie: I really wish he'd stop being an ass.

He only is getting worse

I have always said he reminds me of a bad combination of the worst aspects of Tony Stark and Lex Luther.

On any given day it's even odds on him trying to be Iron Man or producing a genocidal robot to try and take on Superman.


Fark user imageView Full Size
 
2020-07-07 3:47:56 PM  

Loki009: Ketchuponsteak: hammettman: It's almost as if people are beginning to catch on to the fact that a car that costs 1/20th the cost of a gasoline powered vehicle to operate and maintain over its life might be a good thing.

Why are the purchasing expensive cars if they understand money?

When I bought my Model 3 I did the math and with tax credits, lower fuel costs and lower maintenance costs (also with then insane sub 1% 72 month financing) I calculated if I kept the car 8-10 years it would essentially be free when factored against savings.


That sounds correct.

But the Tesla is still expensive compared to other electric cars, and they're decades behind in technology.
 
2020-07-07 3:59:37 PM  

Ketchuponsteak: Loki009: Ketchuponsteak: hammettman: It's almost as if people are beginning to catch on to the fact that a car that costs 1/20th the cost of a gasoline powered vehicle to operate and maintain over its life might be a good thing.

Why are the purchasing expensive cars if they understand money?

When I bought my Model 3 I did the math and with tax credits, lower fuel costs and lower maintenance costs (also with then insane sub 1% 72 month financing) I calculated if I kept the car 8-10 years it would essentially be free when factored against savings.

That sounds correct.

But the Tesla is still expensive compared to other electric cars, and they're decades behind in technology.


Decades behind in tech? What tech is that?
 
2020-07-07 6:38:07 PM  

Ketchuponsteak: Loki009: Ketchuponsteak: hammettman: It's almost as if people are beginning to catch on to the fact that a car that costs 1/20th the cost of a gasoline powered vehicle to operate and maintain over its life might be a good thing.

Why are the purchasing expensive cars if they understand money?

When I bought my Model 3 I did the math and with tax credits, lower fuel costs and lower maintenance costs (also with then insane sub 1% 72 month financing) I calculated if I kept the car 8-10 years it would essentially be free when factored against savings.

That sounds correct.

But the Tesla is still expensive compared to other electric cars, and they're decades behind in technology.


Decades behind in tech? Aside from their paint shops, I can't think of a single thing they're behind on.
 
2020-07-07 6:47:54 PM  

Likwit: Ketchuponsteak: Loki009: Ketchuponsteak: hammettman: It's almost as if people are beginning to catch on to the fact that a car that costs 1/20th the cost of a gasoline powered vehicle to operate and maintain over its life might be a good thing.

Why are the purchasing expensive cars if they understand money?

When I bought my Model 3 I did the math and with tax credits, lower fuel costs and lower maintenance costs (also with then insane sub 1% 72 month financing) I calculated if I kept the car 8-10 years it would essentially be free when factored against savings.

That sounds correct.

But the Tesla is still expensive compared to other electric cars, and they're decades behind in technology.

Decades behind in tech? Aside from their paint shops, I can't think of a single thing they're behind on.


Exactly. VW has delayed their new EV because they are trying to catch up to Tesla with their software and it's proving to be harder than they expected, their battery density and longevity is a generation ahead from their competition. Automakers are just starting to catch up with their autopilot offerings. This isn't even counting the hundreds of thousands of networked vehicles Tesla has for real world data collection supplying millions of miles of training data every day for their improvement and AI training.
 
Displayed 39 of 39 comments

View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking




On Twitter



  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.