Tesla has a great potential with robo taxi and optimus robot. Also, great dangers such as Elon's political haters and enemies, Elon's DOGE role being a distraction, and a possible fallout of the relationship with DJT. The current bearish market is not helping either. This makes this a high risk - high reward stock.
I have a few hundreds of TSLL and it seems a long position at the moment. I have a hedge in place with a LEAP short CALL to cover 25% down turn. But this may slip below the break-even. Hopefully, this will bounce back in a few months or in a year in a worse case scenario.
Modify on 2025-02-06 20:51
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- Kiwi_G·02-07 21:49TOPi have TSLL 😭 was going to cut losses at sub $360 as dont have leap short call (never done one before) and time decay issue. now looks like will go sub $360 after recent news. might have to cut loss for me 😞 .1Report