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TSLA has been notoriously impossible to short the last few years. I firmly believe this DD from 5 years ago that Elon figured out a way to pump their stock value through gamma squeezing with OTM call options. The DD is 5 years old, but it was spot on and for a time, the stock just kept going up to where it was inexplicably worth more than it's next 10 competitors combined. I think the actual sell volume of the world was outpacing his ability to do this for a time, but he is going to continue to try.
https://www.reddit.com/r/options/comments/hk7nqe/tesla_infinity_call_gamma_squeeze/
Phillip Low fired him with cause for attempting to manipulate his company's stock in 2021.
https://www.bizjournals.com/sanfrancisco/news/2025/01/27/elon-musk-booted-from-startup-neurovigil.html
https://www.reddit.com/r/EnoughMuskSpam/comments/1ib5792/philip_low_longtime_friend_and_peer_of_elon_musk/
Elon has repeatedly trolled the SEC and says he does not respect them. He's absolutely pumping it up to keep it afloat, and it may even return to ath.
Elon is a manipulative piece of shit, and that's why I do not put it below him to have used his vast wealth to have undermined the 2024 election and believe he had a part in hacking it. Hell, he can't even play video games fairly as we all already saw.
Good find. I am convinced Tesla is the Enron of our day.
The scheme only works as long as most people keep holding their stock. Once they start selling, it will be a very quick road down.
And with the global outcry against the company, I don't think that day is far off. They know there's going to be reduced demand for their products, because even those who don't feel like they want to boycott Tesla out of principle might still reconsider buying one if they don't want to deal with the shame/risk they'll get from others.
And then he will be a dead Hopefully. Through Vanguard and Blackrock the Saudis and Qataris are said to have substantial investments in Tesla. And especially the former are not kind people when it comes to fraud to their disadvantage.