Unusual Whales shares a message on X
A Reddit retail investor community named ElonMuskHate has been rallying people to short Tesla (Tesla NASDAQ symbol TSLA). They are purchasing $100 option contracts expiring on June 20 this year, encouraging retail investors to go to trading platforms like Robinhood and WeBull to buy Put Options in large quantities. The post also implies that Tesla’s stock price is currently around $250, and the more the stock falls, the more damage it will cause to Elon Musk. Is their motivation to take revenge on Musk through the anti-Tesla movement and make a big profit? Recently, Tesla has been hit by a wave of negative news, similar to a fate and opportunity card. When Tesla faces continuous negative press, shorting the stock may present a chance for a windfall, or is it the storm before a market crash? This article is not investment advice, only a personal market observation report.
Tesla’s Stock Price Soars and Plummets Like a Roller Coaster
Tesla’s stock surged to $479 during the U.S. presidential election period on December 17 last year, then began a sharp decline, almost falling by 51%, returning to its original value. As of the time of this article, its stock price remains at around $248.71.
Anti-Tesla Movement in the U.S. and Canada
Recently, Las Vegas police revealed that a suspect carried out a targeted attack on a local Tesla factory, setting Tesla electric vehicles on fire and firing three shots, causing damage to at least five Tesla vehicles. The suspect also wrote protest slogans on the windows of the store. This is just one of many anti-Tesla incidents happening across the U.S.
With escalating trade tensions between the U.S. and Canada, anti-Tesla sentiments have also been growing. In Ontario, Canada, over 80 Teslas were damaged at a dealership, with scratches and tire punctures being some of the major issues. This is the largest scale of damage Tesla has faced in recent weeks.
President Trump strongly condemned the destruction of Tesla vehicles sweeping across the U.S. In a post on Truth Social, he stated that those who maliciously damaged Teslas are ### and should be imprisoned in El Salvador for at least twenty years (Note: Trump has recently been moving U.S. criminals to serve time in El Salvador).
Musk Claims the Attacks are a Plot by Democratic Supporters
Musk told Fox News that he believes a greater force is funding the violent destruction of Tesla, naming Democratic billionaire supporters George Soros and Reid Hoffman, although he provided no evidence to support that they are behind the protests.
Tesla: Wall Street’s Favorite Short
Tesla has always been a favorite target for Wall Street shorts. In addition to being targeted by financial giants like Soros and Hoffman, hedge fund expert Per Lekander had shorted Tesla years ago. Microsoft founder Bill Gates also heavily shorted Tesla during its lowest point, leaving Musk with a lasting grudge until today.
Tesla’s Fate at a Crossroads Again
“Others fear, I am greedy,” Tesla finds itself at a crossroads once again. A wave of negative news is relentlessly attacking Musk and Tesla. Some smell an opportunity for profit, as Wall Street often takes advantage when you’re down. When else to short if not now? This is a moment where both opportunity and fate are in play. With both rises and falls supported by speculators, which path will you choose?
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