German Manager Magazin: Tesla share: Shortseller achieve billions in profit from the course decline004048

As the “Financial Times”  

Referring to the figures from the data provider S3 partner reports, deserved empty sellers from Hedge fund In the recent crash of the share, $ 16.2 billion with bets against Tesla-Shares. The value of the electric car company of Elon Musk After an upswing after the US elections, had recently halved-and has fallen by more than $ 700 billion since December 17, which Musk’s net assets reduced by more than $ 100 billion.

In the past few months, Musk had made headlines with public interventions in European politics, as well as with layoffs and cuts of the US government efficiency commission he supervised. In Europe as well as in the USA Then there were clear protests on his role. In Europe and China In addition, the sales figures from Tesla broke massively.

JPmorgan therefore reduced his Tesla course goal from $ 120 to $ 120 last week and wrote in a note: “We can hardly imagine anything comparable in the history of the automotive industry, in which a brand has lost so much value so quickly.”

Per Lekander, the managing partner of the $ 1.5 billion hedge fund Clean Energy Transition, who also invested in Tesla years ago, quoted the paper with the words: “Tesla had a very strong brand value, and Elon managed to completely destroy it.”

However, the recent profits of empty sellers are only a snapshot. In the past, many of the shortsers hated at Musk were forced to give up their negative bets in the past. The paper losses of the empty sellers add up to a total of $ 64.5 billion – even if you take the latest profits into account.

On Tuesday, Tesla, with a minus of temporarily more than 5 percent, was once again one of the biggest losers on the US stock exchange. The Chinese competitor had previously BYD the structure of a Loading platform announced that the Teslas would far exceed Teslas.

In a letter to a US trade representative, the company also had recently warned, That Trump’s trade war could expose the company to retaliation tariffs, which would increase the costs of making vehicles in the United States.

However, Tesla could benefit from a possible deregulation of the US market. In a letter, representatives of the US authentimobile industry asked Transport Minister Sean Duffy to accelerate the regulation of autonomous vehicle hardware and software and to bundle with the federal government so that the industry does not lose the race against China.

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