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My understanding is that Tesla short sellers are more visible because of the amount of money betting against Tesla. With an estimated ~$11B of short position (
by llsf 8y ago
My understanding is that Tesla short sellers are more visible because of the amount of money betting against Tesla. With an estimated ~$11B of short position (https://www.forbes.com/sites/chuckjones/2018/04/15/tesla-has-the-largest-short-position-of-any-stock-followed-by-the-faangs/#24dffa6a1573 https://www.forbes.com/sites/chuckjones/2018/04/15/tesla-has...), that is not fictitious.
With so much money at stake, some short sellers might be tempted to start false rumors or even damage the company, in order to recoup some of their money.
- jacques_chester 8y agoNothing about being long makes people scrupulously truthful. Every hedge fund will talk their book. Short, long or upside down flying purple sunblock, they will talk their book.