Sunday , April 11 2021

The Citron's Left says it's no longer long or short for Tesla



PHOTOS: PHOTOS: Tesla's logo is seen at the ceremonial ceremony of Tesla Shanghai Gigafactory in Shanghai, China, on January 7, 2019. REUTERS / Aly Song / File Photo

(Reuters) – Citroës researcher Andrew Levy is no longer a long time or short of Tesla, he said in an e-mail statement on Thursday.

Left is disappointed with the way the company communicates with shareholders, and that eventually the CEO of Tesla Elon Mash has too much on his plate, he said.

"I do not think the company is insolvent, although I believe that they need to raise money," he said, adding that there will be a better time to buy the shares.

In October, a Citron Research seller, a longtime Tesla critic, said he had a heart change and bet that the stock of an electric car maker would increase and return to $ 320.

Notification of Ishita Chigili Pali in Bengaluru; editing by Gopacumar Warriere

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