Tesla shorts have been losing money — a lot of money — and on the surface it’s because they’ve been betting on the failure of a company that is not only succeeding but changing every industry that it touches. They see this as madness, but the roots of their problem appear to be a basic error in the game “one of these things is not like the other.”
As you may have seen, Tesla recently showed another quarterly profit, which apparently shocked the market enough that the Tesla [TSLA] stock price shot up. I don’t follow the stock closely, but I am a shareholder and find the whole “Tesla bull vs Tesla short” debate quite fascinating. I’ve had several thoughts on the stock and these different investment communities in the past week, but the one that shot to the front most quickly and strongly was simple: TSLA bulls warned the TSLA shorts.
Back in 2013, riding on the success wave of the then-newly-launched Model S, Tesla reported profits in the first quarter. “Tesla reached profitability in the first quarter of 2013 for the first time in our 10-year history,” wrote CEO Elon Musk in his quarterly earnings letter to shareholders.
The first part of this two-part series involved a thorough examination of exactly what kind of business Tesla is, and how it fits into the broader market segments it serves. This second part covers the author’s personal experience with Tesla vehicles and how those vehicles compare to others on the market today and tomorrow.
This article is the first part of a two-part series on Tesla and its vehicles. This piece involves a thorough examination of exactly what kind of business Tesla is, and how it fits into the broader market segments it serves. The second part, coming tomorrow, covers the author’s personal experience with Tesla vehicles and how those vehicles compare to others on the market today and tomorrow.
We’re running out of headlines to describe the antics of the Tesla short sellers and haters. They’ve already launched a “media crusade,” suffered a “tsunami of hurt,” and “gone off the deep end.” However, a recent article in the Los Angeles Times reveals new depths of bizarre behavior by TSLA shorts and their allies.
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 TV.
We’re at a pretty wild time in automotive history. We’ve got a car on the market that has better performance than a BMW 3 Series or 4 Series, is safer than any other passenger car, has a “fuel efficiency” rating of about 120 MPGe, and has a 5-year total cost of ownership comparable with a Toyota Camry or Honda Accord.
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.
Some of the most interesting shifts in our lives come through odd luck — or fate if your brain works how mine does. Believe it or not, I didn’t plan to land in the career of “blogger” when I went to college in the year 2000.
