Elon Musk Cheers on Justice Department Probe of Short Sellers
Tesla CEO Elon Musk took fresh shots at short sellers and the SEC, two of the billionaire’s most frequent targets for insults and criticism.
Source: nbcconnecticut.com
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'Stock promotion' and 'bullshit': Carson Block breaks down his new short
'Us' and 'them' XLFleet is being sold on a "blue-sky" story, with exponential growth in sales estimates, Block said, justified by a $1.4 billion sales estimate in 2024 that he called "a joke." In talking to former employees, the hedge fund has found this estimate has been created using an order backlog worth $200 million, he said. "That backlog is greatly misrepresented. I mean maybe even to the point where you call it an outright lie," he said, adding: "We can extrapolate that this $1.4 billion is just farcical." He said: "What we learned from talking with three former salespeople is that th...
Source: businessinsider.com
Tesla stock price prediction for March as it endorses Bitcoin (BTC)
Shares of Tesla (NASDAQ: TSLA) are trading over 7% higher in February after attracting attention of the crypto community following the purchase of $1.5 billion in Bitcoin. Fundamental analysis: BTC investment ‘positive for the stock’ Tesla also announced it will start accepting crypto payments, according to the carmaker’s filing with the U.S. Securities and Exchange […]
Source: invezz.com