Short sellers provide a service to the markets and price discovery. It is often the shorts who do the research to uncover things such as accounting scandals.
The situation with Tesla is much different.
Tesla is one of those stocks that gets emotions up on both sides. The war of the longs and shorts in this stock is almost legendary.
The opinion expressed here shows that some of the shorts are over the top and turned evangelical in the analysis. They are playing loose with the "facts" which takes the service they perform out of the equation.
Of course, they might be right in terms of where the stock heads. Tesla has some genuine headwinds that should be of concern to all investors. Going over the top in the analysis is also something investors should watch out for.
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