Hardly been even lurking here since I retired, so Hi!
I like the current TSLA setup with upcoming stock split, already great and still improving financials, AI day coming up.. But I'm not willing to take much if any macro risk for this trade. What would be a good way to hedge the overall macro beta? I'm hoping someone have already done the homework, my quick google-fu is coming up kinda empty. Do I just buy PSQ (ewww) or short QQQ? Seems silly since QQQ will include TSLA plus yea TSLA is kinda a tech stock but I'm not sure if that's the best correlation. And what about international exposure like the overweight influence of the situation in China on TSLA?
I like the current TSLA setup with upcoming stock split, already great and still improving financials, AI day coming up.. But I'm not willing to take much if any macro risk for this trade. What would be a good way to hedge the overall macro beta? I'm hoping someone have already done the homework, my quick google-fu is coming up kinda empty. Do I just buy PSQ (ewww) or short QQQ? Seems silly since QQQ will include TSLA plus yea TSLA is kinda a tech stock but I'm not sure if that's the best correlation. And what about international exposure like the overweight influence of the situation in China on TSLA?