Electric Avenue

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There was a time I wouldn’t dare short Tesla, but Elon Musk’s ceaseless obsession with bashing shorts and bragging about how he’s going to destroy them all has captivated my attention. Historically, when a CEO gets utterly hung up on the evil, evil bears, well, he’s got more to worry about than a few clowns like me trying to make a few shekels off of equity weakness.

Here’s a closer view, illustrating the breakdown vis-a-vis the moving averages.