Tesla Has Fallen 16% Since Elon Musk Threatened Shorts On Twitter

07/13/18 11:12AM EDT

Below is a cartoon summing up our position on Tesla (TSLA).

Tesla Has Fallen 16% Since Elon Musk Threatened Shorts On Twitter - 04.30.2018 Tesla cartoon 

Below is a tweet Tesla CEO Elon Musk posted roughly one month ago threatening investors short TSLA.

Tesla Has Fallen 16% Since Elon Musk Threatened Shorts On Twitter - zelon

Below is a look at what's happened to shares of TSLA since his tweet. Shares have fallen approximately -16%. The S&P 500 is up 1%.

Tesla Has Fallen 16% Since Elon Musk Threatened Shorts On Twitter - ztsla

Below is a video highlighting what our analyst Jay Van Sciver thinks about Tesla.

Van Sciver called Tesla a “blindingly obvious short” on June 14, 2017 (in his original research note announcing his short call). Shares have fallen -18% since. For comparison's sake, the S&P 500 has gained 15% during that time.

https://www.youtube.com/watch?v=ipceOx0RuMQ

Van Sciver remains short Tesla.

Tesla Has Fallen 16% Since Elon Musk Threatened Shorts On Twitter - market brief

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