1. 'Was he high?': Elon Musk is back to Complaining About Short Sellers on Twitter, But His Gripes Don't Hold Water With Some Investors

    'Was he high?': Elon Musk is back to Complaining About Short Sellers on Twitter, But His Gripes Don't Hold Water With Some Investors
    • Last week, Tesla CEO Elon Musk reached a settlement with the Securities and Exchange Commission agreed with the companies board of directors to be more constrained in his use of Twitter.
    • On Friday, however, Musk was back to complaining about investors who bet against Tesla shares, saying they diminish the stock's true returns.
    • "When CEOs criticize short selling, its usually because they're looking to deflect blame for their own failing," one prominent short seller told Business Insider...
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    1. There is no rational basis for a long holder to lend their stock to shorts, as it dilutes the shareholder base & gives the short a strong incentive to attack the company by whatever means possible, including regulators.
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