After Elon Musk tweeted that “short selling should be illegal”, famous short seller and $TSLAQ leader Jim Chanos took to Twitter to respond. According to Chanos, selling airline tickets and Full Self Driving packages are examples of short selling. Gotcha Elon! Of course, this justification makes absolutely no sense. Selling a plane ticket is just […]
New from Christoph Rauwald and Birgit Jensen: Volkswagen AG offices were raided by German prosecutors as part of a probe into diesel engines, marking a fresh setback for the manufacturer’s efforts to draw a line under an emission-tests cheating scandal that erupted four years ago. Bloomberg Surprise, surprise: It turns out when you illegally poison the […]
Times have been rough for Tesla short-sellers, which makes today’s story particularly sad. Many had been hoping that Vernon Unsworth’s defamation lawsuit against Elon Musk would provide a much needed moment of victory to boost morale and hopefully help make back at least some of the billions of dollars they lost shorting Tesla stock. That […]
Here’s the latest update from, Ihor Dusaniwsky, whose app Shortsight can give you real time short interest for any stock in your portfolio: Damn shawty…
Japanese giant GPIF has halted stock lending from its equity portfolio: Japan’s public pension fund has struck a blow against short-sellers, declaring that it will no longer allow overseas shares to be lent out from its ¥80tn ($733bn) global equity portfolio. Financial Times In a major blow to short sellers, Japan’s public pension will no […]
Piper Jaffray is feeling bullish: Piper Jaffray increased its price target on Tesla’s stock to $423 a share, saying that “for all its controversy and volatility, we think TSLA is a must-own stock” in the auto sector. CNBC Funding secured. Read the full story on CNBC
It all started in February, when famed short-seller Jim Chanos subtweeted Twitter user Domenick commenting on the progress of Tesla’s Shanghai Gigafactory. Chanos tweeted with a smug sense of superiority, as is usual for $TSLAQ accounts. Through his mocking and condecending tone he declared: We are smarter than you. We understand the auto industry, and […]
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Happy thanksgiving everyone! There’s a lot to be thankful for, as $TSLAQ falls apart. We already heard that Jim Cramer is buying a Model X earlier this week. Now, even renowned Tesla-hater journalist Russ Mitchell is forced to admit: The Model 3 is one of “the best driving cars ever. […] Congrats to Tesla!” Not […]
Everyone’s favorite hedge fund manager turned media personality Jim Cramer is shopping for a new car for his wife. They had to take a look at the Model X and Jim was impressed with what he saw. Of course, his wife Lisa demanded they order the car. Naturally, Jim saw it as a golden oppurtunity […]
