The Musk Of Desperation

Elon Musk has ventured down a desperate path there is almost assuredly no coming back from.

Back in August 2022, I wrote an article called Peak Tesla, capping off, once and for all, years of skepticism I’ve had about Elon Musk and Tesla.

Since then, Tesla shares are down about 44% and being short Tesla was one of my 24 ideas for 2024. This year alone the stock is down 33.6%.

Keeping in mind that I realize short sellers have been wrongly proclaiming end days of Elon Musk and Tesla for a decade now, I still confidently feel like it is now time to be alarmed if you're a Tesla investor.

Allow me to describe what I think is a perfect storm that is, in my opinion, all but solidifying extremely rough waters ahead for both Elon Musk and Tesla.