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The crowd-sourced, social media swarm that is betting Tesla will crash and burn

14 pointsby paradygmabout 6 years ago

4 comments

NathanKPabout 6 years ago
From the NYT article linked in this:<p>&gt; In 2018, Tesla said, it delivered 245,000 cars, mostly in the United States. The research firm IHS Markit, which tracks state motor-vehicle data, counted registrations of 164,000 new Teslas nationwide.<p>That&#x27;s a pretty interesting and potentially damning finding. I don&#x27;t see why anyone would buy an expensive car from Tesla and then fail to register it. It&#x27;s possible that IHS is just missing legitimately registered cars, but given the long list of exaggerated or just plain false claims made by Musk and Tesla it doesn&#x27;t seem impossible that they are exaggerating their metric for number of cars delivered.
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oooshhaabout 6 years ago
I know short sellers claim they improve price discovery and market efficiency by seeking out negativity, but in the case of Tesla where Elon has pushed electric vehicles forward 5-10 years, having millionaires like Josh Wolfe sitting on Twitter day and night nitpicking seems really Petty and pointless.
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ryzvonusefabout 6 years ago
&gt; The man says he works for a short seller who goes by the Twitter handle Latrilife. In return for scouting out and monitoring Tesla delivery centers and storage sites around L.A., he gets $20 an hour.<p>20 bucks an hour is not bad money for just a few photos
alimwabout 6 years ago
&gt; Of its 173 million shares, about 17% are held by short sellers.<p>Can someone explain to me what this means? that a share is held by a short seller?
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