December 31st, 2019 | by Johnna Crider
It was just brought to my attention that Jim Chanos, one of Tesla's fiercest short sellers, who believed/believes Tesla is a fraud, predicted in 2017 that Elon Musk would step down from his position as CEO of Tesla by 2020. He, like many short sellers, also predicted Tesla would go bankrupt, but he did not give a timeframe on that matter. As you can see, this information comes from a Reuters Global Markets Forum tweet from a little more than two years ago. It seems to be the only source of this information
June 6th, 2019 | by Zachary Shahan
It seems that Tesla has had critics since the day it came out of stealth — or before that. Even [&hellip
April 28th, 2019 | by Zachary Shahan
In this episode of our CleanTech Talk podcast interview series, Chanan Bos and I sat down with Galileo Russell, CEO, Founder, Director, Producer, and Host of HyperChange
March 10th, 2019 | by Zachary Shahan
The most popular CleanTechnica stories last week had a bit of a surprise — two solar panel stories were in the top three. The other story on the podium was a breakdown of Tesla Model 3 specs versus the specs of 21 competing models
March 6th, 2019 | by Zachary Shahan
Having a sociology background, I have to say that the whole Tesla short seller drama is fascinating. In the year 2019, that includes flamewars on social media, paid trolls & misleading message makers, ties to mainstream media, fanboys & fangirls fighting back, and even a legal battle between the SEC and Twitter-loving CEO Elon Musk. Oh yeah, and billions of dollars on the line
January 4th, 2019 | by Zachary Shahan
In honor of another wicked cool quarter, here's a view of Tesla history that you might have missed if you only read CleanTechnica
December 31st, 2018 | by Guest Contributor
Love ‘em or hate ‘em, you have to give the short sellers credit for their dedication. Hedge fund manager Mark Spiegel even follows the market while taking a bath — two computer screens perched near the tub keep him apprised of the latest ill winds. Much of his time is spent sitting at his dining room table, sending a steady stream of tweets explaining why Tesla will eventually crash and burn, making Spiegel an even wealthier man
November 25th, 2018 | by Zachary Shahan
You may remember months earlier this year when the financial press and certain analysts obsessed over Tesla's declining cash balance. Perhaps it was genuine, but my impression is it was "concern trolling," faux hysteria, and even an attempt to confuse and manipulate the public in the worst cases.
This struck me yet again while looking at a chart that a CleanTechnica reader created and shared
November 7th, 2018 | by Zachary Shahan
The story of a potential Tesla short squeeze is one we've been quiet about for a while. It has honestly been a little bit bewildering — Tesla [TSLA] has frequently been the most shorted stock on the US stock market, and at critical junctures where logic would tell you that short sellers would bail, few have done so
October 30th, 2018 | by Zachary Shahan
As you may have seen, a longtime Tesla bear and short seller recently made a full, high-speed, screeching U-turn and starting supporting Tesla. The explanation included 4 CleanTechnica charts regarding Tesla sales versus the competition's sales. But that was not the end of the story
October 26th, 2018 | by Matt Pressman
One of Wall Street's most famous short sellers, Andrew Left of Citron Research, has been trying to make a mockery of Tesla for years. Five years ago Left crowed, "By the time this [Model 3] product is even approaching market, there will be multiple other 200-mile range plug-ins that have been out for years." In turn, Left bet heavily against Tesla — sure that the electric automaker was doomed. Then, it all changed
October 11th, 2018 | by Zachary Shahan
Supplementing this wonderful article by Peter Forman detailing the various ways short sellers are manipulating Tesla stock [TSLA], below is a portion of a superb piece published on the Harvard Law School Forum on Corporate Governance and Financial Regulation last November. Here's the start of the article
October 10th, 2018 | by Peter Forman (aka Papafox)
A great deal of attention has been recently placed on the conflict between Elon Musk and the Securities and Exchange Commission (SEC) regarding certain tweets by the CEO of Tesla. What is not clear to many, however, is the extraordinary number of potential securities violations that are happening regularly with regards to Tesla’s stock (NASDAQ: TSLA) that are the work of individuals opposing Tesla’s success. It’s fair to say that a war is presently underway between Tesla and its enemies
August 11th, 2018 | by Carlo Ombello
Tesla shorts may be in for a treat, as Elon Musk has just set the stage for an unprecedented "burn of the century". Tesla's CEO set Twitter and financial media on fire last Tuesday as he revealed his plan to make Tesla private, withdrawing it from the stock market at a guaranteed $420 per share. What if Elon was telling the truth
August 10th, 2018 | by Zachary Shahan
You don't get much props for predicting something after it happened. This is sort of lame: "I knew that would happen. I didn't say it, but I knew it." So, I'm going out on a short limb and am making a prediction here in the open while the market remains irrational
August 6th, 2018 | by Zachary Shahan
Tesla short sellers reportedly lost nearly $2 billion at the end of last week. Yes, two billion. If you thought all of the anti-Tesla FUD and media hype was coming from the most honest of places, think again. People don't like to lose money. They normally like to make money
July 21st, 2018 | by Guest Contributor
Tesla has reached its artificial milestone of producing 5,000 Model 3s per week, and media outlets (and buyers) continue to post rave reviews. The company’s three vehicles are the three top-selling EVs in the US market. Model S has been consistently outselling every competing large luxury sedan for a couple of years, and it appears as if Model 3 will similarly dominate the small sedan segment. At least two sets of auto industry experts (Munro & Associates and a group commissioned by German automakers) have performed teardowns of Model 3, and concluded that the new EV should be earning a healthy profit margin. Does this really sound like a company in trouble
April 23rd, 2018 | by Zachary Shahan
One month ago, we got an email from IHS Markit. The market analysis firm had a totally unsurprising yet also shocking story to share — Tesla [TSLA] was a dramatically shorted stock. It's unsurprising because this has been TSLA's fate for years — it's a favorite of stock shorters. However, it's shocking because: 1) People and companies shorting TSLA have gotten absolutely burned in recent years and even months. 2) Model 3 production is ramping up — it's certainly not at full speed and there have indeed been delays, but production is ramping up
April 4th, 2018 | by James Ayre
Those pursuing a short-selling strategy of Tesla stock have raised their bets against the company by 10% since mid-March, due to the idea that the firm is facing problems and that the market was overly optimistic about Tesla-fueled disruption, according to the firm S3 Partners (financial analytics)
March 5th, 2018 | by James Ayre
Greenlight Capital has now lost 11.9% this year, with 6% of that coming in February, Einhorn recently revealed to the hedge fund's clients
November 19th, 2017 | by James Ayre
Tesla short seller extraordinaire Jim Chanos of Kynikos Associates — who hasn't been served well by his positions on the company in the past several years — has continued to add to his short position on Tesla in recent days, he revealed at the recent Reuters Global Investment 2018 Outlook Summit
September 10th, 2017 | by Steve Bakker
... Grandma is on her feet again. “I get it! I’m not worried anymore. It’s unlikely that short sellers alone can kill a company that wasn’t already scheduled for termination from its own folly. Perception and fact intersect at some point. But give us the frosting on the cake. Has the price of TSLA risen due to a short squeeze?”
September 9th, 2017 | by Steve Bakker
Pop quiz: You’re at an investor’s conference. The attendees are mostly “retail” investors who channel their money into stocks and mutual funds. You’re friends with a broker who works at the firm sponsoring the conference, and he has asked you to be in charge of handing out nametags to the attendees. You show up punctually to supervise all the pretty college girls who have signed up for the registration booth on the chance of zeroing in on Mr. Right. Life is good
