Today none of the other automakers avoided a sell-off. Daimler suffered the least, 1.5%. Most dropped more than 3% in a day. Considering their long history, it's not a small drop in a day. Among them I really think BMW is a good target to short. Unlike other companies that also sell low-end cars, pickup trucks, and commercial vehicles, BMW's product line is now completely overshadowed by TSLA. Plus, since TSLA is still considered as an automobile company, I think some funds treat it in the same basket with other automakers. So when news like VW's sale in US fell 10% hit, none are spared in their portfolio. In addition, the automaker sector is considered consumer discretionary and usually underperforms the market. TSLA is a growth stock and acts similar too generally. So shorting other automakers also acts as a hedge for the long position in TSLA. Any thoughts on this idea and how to execute it?