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A comment on Tesla Faces U.S. Criminal Probe Over Musk Statements. Parent comment

Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by hef19898 on Tuesday September 18, 2018 @01:16PM (#18017163)
One of the episodes on the Netflix documentary Dirty Money is about short sellers with regards to certain pharma stocks (the one click baiting with Skreli in the thumbnail but not in the story, otherwise it is a great watch). And one thing that struck about me about the short seller they interviewed was her analytical and systematic approach to it. What she was looking for was yet to be recognized flaws in a certain company that can only result in falling stocks in the long run. And than acting on them in concert with others.

A mean thing to do? Maybe. Or you could call it natural selection in some cases.

Going back to Tesla and Musk, I think his behaviour in the last couple of weeks, and all the information that surfaced since, probably just convinced every short seller out there that they are onto something.

EDIT: fixed some typos.

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Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by Fricken on Tuesday September 18, 2018 @03:09PM (#18018203)
Short sellers are not mean, it's a good thing they exist. They're calling out companies they believe have serious problems, to the benefit of shareholders who are being misled.
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Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by pcollins123 on Wednesday September 19, 2018 @09:32AM (#18024026)
Except when they're actively expounding upon and peddling bad news to ensure the stock price drops at the right time. That is what Musk is most frustrated by.

In my mind, all negative news about Tesla is now called into doubt as being news peddled by shorts. This is the challenge of declining journalism standards: all news now has someone with a vested interest behind it.

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Re:Tesla Faces U.S. Criminal Probe Over Musk Statements by hef19898 on Wednesday September 19, 2018 @10:07AM (#18024239)
I havr to disagree here. Considering all the real trouble Tesla is currently in, not to mention Musk himself, and with otger car makers catching up electrical vehicles there is undeniably some doubt about Tesla as a company. On top that you have shaky financials and the departure of important executives, also in financial department. So yes, just looking at that without any hard number crunching and financial analysis the picture is not rousy.

All of which is sad, Tesla really had and still has some appeal to it. I don't think that appeal in itself is enough for a public company.

And by the way, not all negative reporting is automatically bad journalism or even fake news.

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