Good on them for not listening to the noise and making bank.
In many years of watching sports, politics, business, culture I have seldom seen a more distasteful character than mr. Musk.
Back in my ignorant days I couldn't stand shortsellers, I considered them to be haters.
Oh so little did I know. They are the custodian of market sanity and also the saviors of the American consumer, they keep in check these megalomaniacal cult figures such as Musk, Holmes, Bernie Madoff, Adam Neumann who enrich themselves by inflating financial bubbles of epic proportions while providing little to no quality of life to the consumer
Dumb question, do you know why he’d care about shorts? He’s already agreed a price, does it really matter if people are buying and selling it way lower than that before he buys it all? Is it just an appearance thing?
Short sellers push the price down, so on the chance he does go through with the purchase, he is seen like a fool who overpaid for the stock. And we all know how much narcissists like looking like fools.
https://twitter.com/HindenburgRes/status/1523677782211186690
Musk tried to use all his 90M followers weight and his snark belitteling them into closing the short :
https://twitter.com/elonmusk/status/1523693971842957312
Good on them for not listening to the noise and making bank.
In many years of watching sports, politics, business, culture I have seldom seen a more distasteful character than mr. Musk.
Back in my ignorant days I couldn't stand shortsellers, I considered them to be haters.
Oh so little did I know. They are the custodian of market sanity and also the saviors of the American consumer, they keep in check these megalomaniacal cult figures such as Musk, Holmes, Bernie Madoff, Adam Neumann who enrich themselves by inflating financial bubbles of epic proportions while providing little to no quality of life to the consumer