u/coinfanking

Tesla maintains an inflated valuation despite shrinking profits, and a SpaceX merger is being framed as the only way to support the stock. If the merger fails or is delayed, the artificial support for TSLA collapses, triggering a reversion to fundamental valuation. Short TSLA on the thesis that the current price depends on a speculative merger that creates a money-losing giant, and any failure of that narrative leads to a sharp decline. Merger actually completes with terms favorable to TSLA shareholders; market continues to ignore fundamentals (as top comment notes); broader sentiment shift toward Musk's vision.