Short TSLA is way overvalued considered it was worth more than ford and GM.Reminds me of the dotcom bubble when a company is valued based on its ideas and potential in the future. TSLA is a good company but its overvalued when GM and Ford produce millions of cars and TSLA only made 100,000 cars in a year.Daily MACD makes the short to look be a lucrative short at 296 to 260.If Trump announced that he was going to end the $7500 tax credit for buying electric cars then that would definitely seal the deal for TSLA.
