I just put $200 into a reverse ETF to short Tesla without risk of losing more than that, as explained here. Because it felt good. And to tell Musk and Lutnick to sod off. hachyderm.io/@inthehands/... - ThreadSky

jeffjarvis.bsky.social • 63 days ago

I just put $200 into a reverse ETF to short Tesla without risk of losing more than that, as explained here. Because it felt good. And to tell Musk and Lutnick to sod off.
https://hachyderm.io/@inthehands/114196030226812544

Comments

pinemikey.bsky.social•63 days ago

I'd like to know if there are any rumblings in the boardrooms of Tesla and/or SpaceX. I'd think Elon Musk's erratic behavior itself would be damaging the brand. Time to take a page from Pappa John's & dump the front man. Musk is an anchor & not in a good way.

helenpeatfield.bsky.social•63 days ago

Oh there is discontent for sure. When big shareholders are speaking out publicly, board members notice.

hwdav.bsky.social•63 days ago

Two German reporters spent two years researching the inner workings of the Tesla Group. In their book "Tesla Files", they uncovered many problems with the e-cars, as well as a sect-like corporate culture. They tell how employees are harassed, spied on and instilled with Elon Musk DNA.

hwdav.bsky.social•63 days ago

Not paying sick employees a wage and visiting them at home to check whether they are really ill does not comply with German labour law.

The 6-week continued payment of wages in the event of illness applies here.

After that, the health insurance fund pays sick pay.

brklynmind.bsky.social•63 days ago

Thanks, in for $1k

revjoey.bsky.social•63 days ago

With Tesla stock falling, would a liberal buyout of cheap stock make sense to oust Musk with increased leverage.

stub22.bsky.social•60 days ago

Many broader ETFs own a lot of TSLA. Let's raise awareness of these to push investors towards different broad-market ETFs (that own less TSLA, or zero)

"215 ETFs have Tesla Inc within its Top 15 holdings"

Top ETF concentrations of TSLA below, see "weighting" #TeslaTakedown
https://etfdb.com/stock/TSLA/

stub22.bsky.social•60 days ago

This is the way. Looking forward to hundreds of daily repetitions of the phrase "The US stock market EXCLUDING TESLA" by the stonkbros on Bloomberg and CNBC
https://bsky.app/profile/entropydenier.bsky.social/post/3lkys7zvprc2j

entropydenier.bsky.social•60 days ago

cc @etfarchitect

dvjamieson.bsky.social•63 days ago

Inverse ETFs generally use derivatives to "short" stocks/indexes. Designed for day trading.
It may be better to actually short the shares. Even then, you've got to buy it back later to cover.

schwantz.bsky.social•57 days ago

For those who don't realize, inverse ETFs have some time decay so don't hold them forever (months max, not years). Clear them once you get your price target and reload later if it looks good to do so.

schwantz.bsky.social•57 days ago

https://bsky.app/profile/schwantz.bsky.social/post/3llcz4y72ls26

schwantz.bsky.social•57 days ago

Ticker TSLQ is the 2x inverse listing

amescoestate.bsky.social•62 days ago

I have 10 shares of TSLQ and 50 shares of TSLS. Awaiting the stock to hit below $100 before I cash out

bronxdad.bsky.social•63 days ago

Too funny. Never knew these types of things existed...

kidornery.bsky.social•63 days ago

Almost makes me nostalgic for my day trading days. Day traders must be making a killing with all this volatility right now.

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