Bizarre discovery: Tesla has a fleet of haters who must search for tweets mentioning the company in order to reply to them. I've seen plenty of haters before, but never such proactive ones. Who are they? Car dealers? People who shorted the stock? Bots?
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I think this is partially non-traditional minimum-sophistication short sellers, many of whom grew up on Bitcoin where the social reality of the ticker is the only reality, and partially the counter-cult of personality. I think people underestimate the second part.
They went from crypto to shorting public companies? Wouldn't crypto people find that very boring and old fashioned?
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They probably would, except for product innovations at one broker. Robinhood, specifically, is acting as a bridge from crypto-as-gambling to traditional-finance-as-gambling.
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A lot of people that made money in cryptocurrencies see themselves as having spotted some unique opportunity so there's also strong bias to think they can similarly spot other one-off bets (in addition to the social media/gamification of TSLAQ).
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I’m not a crypto person, I’m a finance guy. Most of what I do is boring and old-fashioned - analysing companies and building financial models. I very rarely sell a stock short but will do it if the arguments to do so are overwhelming.
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I don’t think Tesla haters have a single thing to do with crypto
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Paul, there are far more more crypto-folk amongst the Tesla bulls than you think. There are also far more experienced professional short-sellers who think Tesla equity is materially mispriced than you think. Nonetheless, the merits of the arguments must stand on their own.
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We're being paid handsomely by big oil to take down this visionary genius CEO. Muhuhaha
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i find that ironic
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They aren’t smart enough to be crypto people. Most of them are unsophisticated “value investors” with a very naive short thesis that evolved into resentful conspiracy theory short thesis.
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