TSLA Short Squeeze (06.18.18)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 β’ 1.1K Ratings
ποΈ 18 June 2018
β±οΈ 9 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
Summary
β Elon continues to tweet about TSLA shorts
β Audi CEO arrested
Links:
Email > tesladailypodcast@gmail.com
Twitter > @teslapodcast
Patreon > patreon.com/tesladailypodcast
Executive producer Jerome Jorden
Executive producer Rob Gill
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock
The post TSLA Short Squeeze (06.18.18) appeared first on TechCast Daily.
Transcript
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| 0:00.0 | Hello and welcome to the Monday June 18th |
| 0:09.3 | 2018 of Tesla podcast. My name is Rob |
| 0:13.4 | today we are talking about the possibility of a short squeeze for Tesla. |
| 0:16.7 | Tesla stock on Friday closed up 0.13% to $358.17 |
| 0:21.7 | this compared to the NasdDAQ down 0.9%. |
| 0:25.0 | All right, so this weekend, Elon was pretty active on Twitter, |
| 0:28.0 | and again, he decided to give a warning |
| 0:30.8 | to people with short positions against Tesla stock. |
| 0:33.4 | If you don't feel like you've got a really good understanding of what a short position is, |
| 0:37.2 | I explained to the elements of it in the September 22nd episode of Tesla Daily, |
| 0:41.6 | it's called Understanding Short Selling and Its Impact on |
| 0:43.8 | Tesla. I would recommend going back and listening to that episode because I don't |
| 0:47.5 | think this is going to be the end of the conversation about shorts. We know from |
| 0:51.1 | the Rolling Stones article a while back and obviously Elon's behavior on Twitter over the last short while that he takes people betting against Tesla very personally. |
| 1:00.0 | Back on May 4th, Elon tweeted that the short burn of the century would be coming soon and that the |
| 1:04.3 | flamethrowers from the Boring Company should arrive just in time for that short burn. |
| 1:08.8 | He followed that up by saying, quote, the sheer magnitude of short carnage will be unreal. |
| 1:13.0 | If you're short, I suggest tiptoeing quietly to the exit." |
| 1:16.0 | Fred Lambert from Electric followed that up by saying, |
| 1:19.0 | quote, is a short burn of the century as bad as a tsunami of hurt, |
| 1:22.0 | end quote. That's in reference to a comment that Elon Musk Short burn of the century as bad as a tsunami of hurt." |
| 1:23.0 | That's in reference to a comment that Elon made back in 2013 prior to Tesla's rapid price |
... |
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