Subject: Re: OT short TSLA, long BABA
Tesla at 80 times earnings or whatever the hell it is, seems outrageously overvalued for a capital intensive business with relentless competition and vapourware that appears to be utterly worthless.
I loaded up on $500 and $600 Jan2025 calls during Dec and Jan when TSLA took its dive down to $100.
50/50 chance Tesla solves FSD/full autonomy by then and has the new Mexican factory ramping on the $25k car .... or, the Bot in full production and replacing factory workers by the tens of thousands. If either of those happens, I'd put the value at $1,000/share ... a 50X+ return.