Musk vs Trump, who do you support?
The richest man and the president are having a public feud!!! Tesla plunged 14% last night!
Poor Tesla! I never thought that the biggest factor affecting its stock price recently would be politics!!! $Tesla (TSLA.US)$
Let me first share my perspective:
Tesla stock looks very unattractive right now, so why am I still holding it?
First, my position in Tesla is not large.
Second, my cost basis for Tesla is low enough. I didn't sell when it dropped to 200 before, so naturally, there's no need to sell now.
If you ask for my short-term view on Tesla, I would advise against buying this company, because I don't think Musk can win against Trump (even though I mentally support Musk very much). You should know that Musk previously offended quite a few people with Dogecoin and disrupted many people's interests. I don't really believe Musk will have a good outcome in the end.
Additionally, Tesla's current sales and delivery data are actually not optimistic. This is Tesla's biggest problem!
Based on this assessment, I suggest you look into Tesla-related short ETFs, which could be a good hedging strategy! The Moomoo feature is excellent, I use it every time, and it quickly finds leverage ETFs related to a company.
Additionally, for hedging, you can also buy put options. If you hold the underlying stock, you might even consider a short call operation!
For example, choose the Tesla 360 call expiring on 06/20
Last night, I also saw that a major Tesla bull cleared their Tesla position due to political factors. This battle is putting a lot of pressure on Old Musk! However, I still support Musk, haha!
Recently, I watched Musk's speech about SpaceX. He's incredibly impressive. I think we should focus on SpaceX concept stocks, such as $Destiny Tech100 (DXYZ.US)$ and $Entrepreneur Private-Public Crossover ETF (XOVR.US)$
AI stocks have come back recently, with NVIDIA rising very nicely. The NVIDIA shares I bought at the bottom have gone up by over 20%, haha!
However, it's a pity I didn't buy into the recently popular NVIDIA holding stocks. I feel that AI stocks are being hyped a bit too much lately, like $CoreWeave (CRWV.US)$ $Applied Digital (APLD.US)$ $NEBIUS (NBIS.US)$ so it's better to be cautious about the risks! $NVIDIA (NVDA.US)$
In the short term, there's a potential negative factor for chip stocks: the DeepSeek-R2 model is about to be released. Major financial institutions have also issued research reports indicating significant pressure, which is likely to impact chip stocks as well. We need to be careful about this
Go for it, Elon! In this battle, I'm standing with Iron Man!!!
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Albert Onestone : sounds like a show to bring the inflated price down for the next reentry haha
JaydenTan : Tonight Nasdaq goes up again. Could just be trapping some bears bears
103773657 Albert Onestone : Yah these 2 best actors. Trump also big acting just recently wat bring whole stock market down so his frens can buy
WukatO : They both can go and jump in the lake, but Trump can jump first.
Tliet : Honestly, I’m with Musk too. Not just for the tech vision, but because he actually talks about the future instead of relitigating 2020
But yeah, politics is hitting Tesla hard.
AA我爱投资 : SpaceX concept plays like DXYZ and XOVR? That’s creative. Never thought I’d see a day where space stocks were part of a Musk-Trump feud thread
102126893 : Musk is just a businessman; playing politics is absurd yet he's an old hand at it.
FreeGuy99 : sound points you're making!
iRuxu : Which would you choose, the richest person or the president?
I choose……to short Tesla and then go long.
Bachelor (M) Albert Onestone : yeah loading up
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