Jorden Boer
Netherlands
PORTFOLIO UPDATE ✅ eToro Elite Popular Investor ✅ Tesla volatility ✅ Market uncertainty The Musk Trump saga continues into June creating a very disturbing scenario for $TSLA (Tesla Motors, Inc.) After Elon Musk openly criticised President Trump and his administration, President Trump is now threatening to slash government subsidies and contracts of all Elon's businesses. The result is that Tesla dropped more than 14% yesterday. As we have always viewed Elon Musk as unpredictable as well as Tesla sales dropping consistently worldwide as competitors take more marketshare, having Tesla as our biggest short position is great for our portfolio. Three weeks ago we added more Tesla short positions whilst the overvalued stock was trading at $343. Today it's sitting at $285. A drop of around 17%. We also have short positions entered at $474 which we will start to close as Tesla continues to plummet. Right now we are 100% short again as markets have risen towards their all time highs. We will wait for another correction and lock in profits just like a couple of months ago when the tariff war abruptly caused markets to briefly come down by more than 25%. The big difference being that the current correction has come with relatively light volumes whilst the markets are still overvalued and the uncertainty of the impact of the tariff war is yet to fully impact the US markets. I would not be surprised to also see a lot more discussions on the US debt crisis and its uncertainty affecting the markets the coming months. Last month we have added short positions in the following stocks: $AFRM (Affirm) $FVRR (Fiverr International ) $NVDA (NVIDIA Corporation) $ROKU (Roku Inc) We have also added $FSLR (First Solar, Inc.) as this ventured into overvalued territory again after having closed the position with a nice profit several months ago. Currently already +12.75% even though the markets themselves are nearly at ATH's again. Prepare to see more volatility as markets react to all that's going on globally but especially in the USA. Once again, thank you new copiers and followers! Be patient and let's see what the coming years will bring us.
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