Article Image

IPFS News Link • Business/ Commerce

"We Can't Believe We Are Writing This": Citron Reverses On Tesla...

• https://www.zerohedge.com, By Tyler Durden

One day ahead of Tesla's Q3 earnings which overnight were unexpectedly pulled forward to Wednesday, Oct 24 and shortly after Elon Musk's twitter account was temporarily locked amid speculation it had been hacked, a bigger surprise hit on Tuesday morning when noted short seller Andrew Leff's Citron Research reversed its multi-year bearish call on Tesla (and as a reminder, Citron recently joined a class action lawsuit against Tesla) saying "as much as you can't believe you are reading this, we can't believe we are writing this!" and explaining that "Citron is now long Tesla", as the Model 3 "is a proven hit and many of the TSLA warning signs have proven not to be significant."


ContentSafe