• Vocal Tesla short seller has reversed course, driving shares higher

    23 days ago - By Tech Crunch

    Citron Research, an influential short-seller that has been an staunch critic of Tesla, reversed its position on the electric automaker. The about-face, which Citron Research outlined in a research note Tuesday, helped pushed Tesla shares up 12.7% to close at $294.14.
    The research note, entitled, “Citron reverses opinion on Tesla. The story has become too compelling to ignore,” explains that it has taken a long position in Tesla because “the Model 3 is a proven hit and many of the TSLA warning signs have proven not to be significant.”
    Investors who take short positions on a stock are...
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  • Short-seller Andrew Left is now long Tesla - but he's making a potentially disastrous mistake

    Short-seller Andrew Left is now long Tesla - but he's making a potentially disastrous mistake

    23 days ago - By Business Insider

    Former Tesla short Andrew Left has reversed on Tesla and is now long.
    Unfortunately, he's fallen prey to the erroneous thesis that Tesla is destroying its competition.
    There is no meaningful competition in the electric-vehicle market , which is globally tiny.
    Tesla short-seller Andrew Left has reversed course.
    The Citron Research investor, who had been short Tesla, announced that he's going long. Justification? Tesla is crushing the competition .
    Of the many, many bad ideas about Tesla currently in circulation - from bulls and bears alike - perhaps the worst is that the company is going to...
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