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

If you spend any time on the Twitter hashtag $TslaQ, you know what this means to Tesla short sellers. They believe the lots full of new Model 3s — and Models S and X vehicles, too — show Tesla has reached a cliff in demand for its vehicles. When the rest of the world finally admits the company’s days as a fast-growth story are numbered, they say, its stock price will crash, creating a bonanza for investors who, like Machine Planet, have bet big that Tesla’s shares are grossly overvalued.

Let's block ads! (Why?)