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Stock impact report

Tesla's stock soars after short seller changes his tune [MSN Money]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: MSN Money
Tesla's stock soared after one of its most ardent critics started singing the car company's praises. Load Error Andrew Left of Citron Research reversed his negative view of Tesla and offered some glowing words about the company in a blog post Tuesday. He wrote that Tesla is destroying the competition.  Left had been one of Tesla's most vocal skeptics, and he held a short position on the company's stock. He sued Tesla and CEO Elon Musk last month for manipulating its stock price, and he said the company would be better off without Musk. His vote of confidence sent shares soaring nearly 10%, making Tesla an outlier on a day when the broader market was sharply lower. Citron is long Tesla as the Model 3 is a proven hit and many of the Tesla warning signs have proven not to be significant, Left wrote. He went on to chide the media for focusing on Musk's eccentric behavior and failing to notice the legitimate disruption of the auto industry that is currently being domi Show less Read more
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