Here Puru is letting emotions cloud his judgement. He shorted Bitcoin before. Didn’t go well.
Just need to accept one can’t be right all the time. Not saying the trade won’t work. But he should not have made that trade. It’s not in his core competencies.
We’re in some sort of bubble is obvious. But this time is different 
because we have Fed put in place 
Is an all things tech bubble 
So what?
I shorted (sold bear call spread) RIVN when it was in the 160s. Absurd valuation for pre-revenue company and clear EV mania hype bubble.
Yes, this one deserves shorting. But a better move is just to buy more Tsla instead (and don’t sell if you have them).
I wrote calls so generated cash that I could immediately throw into Tesla calls if I wanted 
.
Power of social media. First, social media says buy, everybody buy. Then social media says sell, everybody sell.
need to update thread to $2 trillion?
Every f… meme/ hot stock has a very large TAM… few trillion dollars worth… should I believe this?
Oh my goodness @manch, what happened to Rivian stock? How come it dropped so much? Did you or Bezos sell its stake??? 
Don’t be so happy yet. TSLA is going up because every TSLA fan boys are buying in anticipation of a stock split on Dec 9. If it didn’t happen, the decline could go down in double quick time.
I’m happy as long as Rivian gets hammered. I don’t care about Tesla anymore…
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