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| It’s just bait. Financials aside. Spacex/xai hasnt been a part of the “short squeeze” narrative. It’s a new ipo. Maybe one day when the valuation drops it’ll be a good play. But I still think there’s swaps that are going to unwind on Tesla. Swaps that were entered into a longtime ago. Eventually the dealer will buy back their hedge (which seems to happen on the lit market) and send the price much higher. But not before it goes much lower. I’d guess around the time spacex ipos, Tesla will be bottoming out
Hence, bait.
Edited by Deltamudd 4/6/2026 14:45
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Tesla