Tesla and S&P 500 listing

$599 today. The people who can predict when this house of cards falls are going to make a lot of money.

I saw that folks shorting Tesla this year have collectively lost $35 BILLION. That’s more than the entire airline industry has lost.

Cite: Elon Musk will love this: Tesla short sellers lost more than US airlines so far this year | CNN Business

Don’t try to time the market, folks.

At the same time, though, they’re right in that it makes no sense that the stock price is as high as it is.