I think Levine has been pretty hit-or-miss on this saga. His line of thinking on short-seller narratives misses the point entirely: > Elon Musk has been bangin

I think Levine has been pretty hit-or-miss on this saga. His line of thinking on short-seller narratives misses the point entirely: > Elon Musk has been banging on for ages about how short sellers are trying to sabotage his company, Tesla Inc. [... examples and citations....] This does seem to be mostly nonsense. If you build lots of good cars and sell them for more money than it costs you to build them, then you will make a lot of money and no amount of desperate pushing of narrative will result in your destruction. This is only relevant if you evaluate Tesla as a mature company that operates on fundamentals. Nobody sees it this way yet. The entire point of a short seller pushing a narrative is to influence the capital markets, ideally to prevent Tesla from getting funding or more realistically to worsen the terms it gets, to prevent it from reaching a state where it can operate on fundamentals. It's perfectly fair to question the extent to which short sellers are working to influence things (or how successful they've been), but it's certainly not unprecedented[1], and just yesterday on the front page of HN was an ex-employee (who was highly critical of Musk), who felt Musk "isn't totally paranoid" because they had caught "bad actors" and found "advanced persistent threats in [their] network"[2]. Has Musk overreacted? Perhaps. Has he been wrong in his assumptions in some of the examples he's cited? Almost certainly. But that doesn't contradict the logic of the concern or make it "mostly nonsense." [1]https://teslamotorsclub.com/tmc/threads/elon-musk-vs-short-sellers.118431/#post-2814834 https://teslamotorsclub.com/tmc/threads/elon-musk-vs-short-s... [2]https://twitter.com/atomicthumbs/status/1032944615475695616 https://twitter.com/atomicthumbs/status/1032944615475695616