News for hackers. Stuff that matters.

A comment on Tesla short sellers $2B in the red for June as shares soar. Parent comment

Re:Tesla short sellers $2B in the red for June as shares soar by jonknee on Wednesday June 13, 2018 @11:35PM (#17309081)
TSLA isn’t the largest short, but have you considered the possibility that it’s a popular short at least in part because of all the negative reports?

What Elon could do to really stick it to the shorts is make the amount of cars he said he will and do so with the profits he claimed he’d have. Otherwise no amount of shares is going to be enoug.

[ Parent | on HN ]
Re:Tesla short sellers $2B in the red for June as shares soar by Consultant32452 on Thursday June 14, 2018 @04:26AM (#17310238)
It's at least the biggest short in the US. Or at least it was at the time this article was written back in April.

https://www.cnbc.com/2018/04/11/tesla-is-the-biggest-short-i...

I think Elon's image as a person/CEO is almost as important as his ability to execute and build the cars. Part of the value he brings as CEO is the cult of personality around him. I'm not suggesting that's right or wrong, good or bad investing, good or bad reason to buy products, etc. That's just what I believe is true.

[ Parent | on HN ]