UPDATE: NHTSA has concluded their investigation and determined that the short seller’s motor vehicle defect petition had no merit. When news broke three days ago that NHTSA was investigating a motor vehicle defect petition submitted against Tesla for “sudden unintended acceleration”, I knew immediately that it was a frivolous complaint submitted by Tesla short-sellers. The […]
As the fear, uncertainty and doubt arrising from a massive social media disinformation campaignagn aginast Tesla hit fever pitch last year, Morgan Stanley analyst Adam Jonas started to get worried. He definitely didn’t want to look like an idiot and set an unrealistic price target for Tesla… so he had a bright idea. In May […]
Devoted Whole Mars readers may remember our story from just last week revealing that noted Tesla short-seller Mark Spiegel had covered half of his Tesla short position. After devastating losses in December, Mark reduced his Tesla short from 20% to 10% of his portfolio. We received many comments from readers who were scratching their heads […]
Esha Dey brings us this great headline from Bloomberg: Investors betting against Tesla Inc. are facing the “worst of times” with the electric-vehicle maker’s stock price on a tear over the past seven months. Tesla shares gained 0.4% to close at a record on Friday, rising more than 120% from a low of $178.97 on June 3. Bloomberg Ouch. […]
Morgan Stanley analyst Adam Jonas sent this letter to clients while in Madrid this week: A Letter from Madrid Last night, I was walking briskly through the streets of Madrid’s Barrio de Salamanca to meet my father in law (Juan Luis) at a local bar to watch El Clasico (scoreless, but entertaining match… a moral […]
As losses mount for Turing Feynman LLC, the investment arm of Tesla short-seller Aaron Greenspan’s fraudulent charity, Greenspan’s desperation has soared to new heights. The short seller, who claims he invented Facebook, is now attempting to start a rumor that Elon Musk has cancer in an attempt to influence Tesla’s soaring stock price. These illegal […]
Lawrence Fossi, a Tesla short seller who writes under the name “Montana Skeptic is back: It has been a while since I took a hiatus from Seeking Alpha, for reasons much discussed at the time. Montana Skeptic, Seeking Alpha For those who missed this saga, Fossi decided to stop writing on Twitter and Seeking Alpha […]
Cramer has a new article out on his website The Street explaining why he’s become a Tesla bull. Here are some choice quotes: No one, though, is more charismatic than Elon Musk. No one. He’s about, as they say in law school and nowhere else, about as sui generis as you can get. He’s a […]
A famous Tesla short seller made a big bet: Tesla stock would be under $200 by January 2020. He purchased a large number of January 2020 $200 puts — contracts that allow him to sell shares of Tesla for $200 until January 2020. If Tesla shares were priced at around $100, he could make a […]
Vernon Unsworth’s Attorney Lin Wood delivered a pretty amazing statement yesterday: Yes, that’s right. Lin Wood, who offered to represent Unsworth for free, has given up and admitted defeat. Bravo to Lin for doing the respectable and gracious thing. Tesla short-sellers were counting on Wood to destroy Tesla once and for all. This was supposed […]
