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While there isn't much doubt that Musk is at fault here, I wonder how a business owner should react when perceiving that his company is threatened by some journ

by jjdag 8y ago

While there isn't much doubt that Musk is at fault here, I wonder how a business owner should react when perceiving that his company is threatened by some journalists and (social) media influencers who seemingly have ties with short sellers. I understand that shorting helps stabilize markets but in this case with Tesla being the most shorted stock it seems that forces were at work to stain the company's reputation in order in order to prevent important losses. Seems unethical to me as well, but maybe I am being very naive here.

sonofaplum 8y ago
He or she should react professionally and prudently, the same way they should strive to react to all professional adversity.
tomatocracy 8y ago
Prove them wrong? Everyone is entitled to their own opinion, not a lot you can do about that. Trying to do something about it that goes beyond saying, politely, "well, we disagree" usually ends up making you look a lot worse.
romed 8y ago
If a CEO of a publicly traded company expresses a belief in a short-side/journalism conspiracy, the board of that company should relieve that person of their duties right away. All such people in recent history have been paranoid cranks who drove their companies into the ground. See: Overstock As for Tesla specifically, there is an overt and massive "conspiracy" on the part of the long side to cheer their share price. There are numerous online news outlets that are shameless boosters of Tesla. The idea that there's a big conspiracy between short sellers and journalists has no supporting evidence whatsoever.
bllguo 8y ago
I'm just baffled by this narrative about a shadowy cabal of nefarious short sellers. Is the claim that there is no reason to have legitimate concerns about Tesla? Honestly it just reeks of people being in over their heads regarding the markets. It's about as compelling an argument as those ridiculous George Soros conspiracies

by jjdag 8y ago

sonofaplum 8y ago

He or she should react professionally and prudently, the same way they should strive to react to all professional adversity.

tomatocracy 8y ago

Prove them wrong? Everyone is entitled to their own opinion, not a lot you can do about that. Trying to do something about it that goes beyond saying, politely, "well, we disagree" usually ends up making you look a lot worse.

romed 8y ago

If a CEO of a publicly traded company expresses a belief in a short-side/journalism conspiracy, the board of that company should relieve that person of their duties right away. All such people in recent history have been paranoid cranks who drove their companies into the ground. See: Overstock As for Tesla specifically, there is an overt and massive "conspiracy" on the part of the long side to cheer their share price. There are numerous online news outlets that are shameless boosters of Tesla. The idea that there's a big conspiracy between short sellers and journalists has no supporting evidence whatsoever.

bllguo 8y ago

I'm just baffled by this narrative about a shadowy cabal of nefarious short sellers. Is the claim that there is no reason to have legitimate concerns about Tesla? Honestly it just reeks of people being in over their heads regarding the markets. It's about as compelling an argument as those ridiculous George Soros conspiracies