> When you are investor and broadly choose to buy US companies (which is what most people do), you get Tesla in the list (e.g. QQQ) as part of the package, and this pushes price higher, no matter if you believe in Tesla specifically or not.
I actually short Tesla just enough to offset my long positions that come as part of my regular ETFs.
> Can you share more specifics on how you go about doing that?
I buy multi-year put options, there's some fuzziness around the appropriate strike price and number of options for a given long position, but effectively I'm paying the option premium to limit my downside risk.
> Do you do that for your long non-ETF positions too?
I actually short Tesla just enough to offset my long positions that come as part of my regular ETFs.