SciFrog:
trip:

I'm short anywhere above $300 and covering anywhere below $100. I don't expect TSLA to go bankrupt, but I do think it is a plausible scenario.  However there are so few scenarios in which TSLA grows into its current mkt cap that the risk/reward for a long-term short is extremely compelling at this price.

More importantly, when do you stop yourself if it never reaches $100?

Luckily its a liquid market and as facts change and information is revealed I can tailor my position accordingly. I shorted from $336 down to $265 and covered there because I thought we were at a temporary period of "max negativity" where they were missing model 3 production, fatal crash investigation, more press on the cash burn, etc. and thought the stock would likely recover in the short term as people realized they could probably reach eventual profitability on the Model 3 line.

I am looking to open the short position again from here if I can only find some shares to borrow!