Nasdaq announced today that their Fast Inclusion policy as official starting May 1st.

15 days of price discovery for SpaceX instead of 1 year for inclusion into indexes. Will be one of the largest wealth transfers from common people to the wealthy since it'll exploit all passive investments to provide exit liquidity for elon and his investors.

Yeah, I don't understand Elon's plot armor, especially after the calling a cave diver a pedo. That's when I definitively stopped liking him, though I always thought that the Hyperloop seemed pretty dumb.

I am not the first person to say this, but I guess I took a lot of what he said at face value because I don't really know anything about physics or rockets beyond a high school level. Then he started saying stuff about computers that were "slightly off" at best, and since I know a lot more about computers it made me realize he was kind of full of shit.

Sinclair's quote rings especially true here. Threatens a person's money, no matter how irrational, and you'll get the most disciplined thinkers devolve into 4chan level tirades.

Is that market cap or earnings? The market cap is the meme part. If TSLA had the P/E ratio of MSFT, shares would be worth $24.

Shorting requires both being right and good timing on when everyone else figures out you're right.

Famously: https://en.wikipedia.org/wiki/Michael_Burry

> During his payments toward the credit default swaps, Burry suffered an investor revolt, where some investors in his fund worried his predictions were inaccurate and demanded to withdraw their capital. Eventually, Burry's analysis proved correct: He made a personal profit of $100 million and a profit for his remaining investors of more than $700 million.

I do hold TSLQ (and it's been doing great). That being said, Musk has engaged openly in fraud on a regular basis and the SEC has done nothing. At this point I have zero faith in the markets to adhere to the law.

If you're going to gamble on $TSLA, shorting is probably the worst way to do so. It has unlimited downside (well, at least as much your broker allows before margin calling)

If you want to gamble, buy put options and size according to how much money you're okay with losing (the premium is all you pay)

Shorting requires a timeframe. When?

... and the standard reply to this standard reply is "The market can remain irrational longer than you can remain solvent."

Silly. You should be selling off th ese trash stocks. Don't know why people keep recommending market cap weighted funds when they're being manipulated by scam artists like Elon and Trump into making the world's retirement funds into bag holders.

It's not quite that simple -- there are other criteria. E.g., MSTR is not included in the index. And technically the committee overseeing it has some discretion.

That said, I agree that TSLA easily meets the criteria for inclusion -- even if you assume a normal automaker P/E of ~5 instead of TSLA's meme-stock ~330.