404 Evergrende collapse may be a large domino in Chinas economic destruction. - China Uncensored (youtu.be) posted 3 years ago by Gammmadorf 3 years ago by Gammmadorf +404 / -0 74 comments share 74 comments share save hide report block hide replies
Be careful. This is not financial advice, but Tesla is a major holding for many funds and may have a huge sell off if hedge funds cannot meet collateral requirements.
Michael Burry has a tremendous Tesla short position as well.
If you like Tesla, by all means hold.
I don’t think anyone (outside TBTB) really knows what the next few months have in store.
I personally think most stocks will have a downturn, no matter how strong the underlying business.