short sellers

  1. cageymaru

    Tesla CEO Elon Musk Wants to Take the Company Private to Avoid Short Sellers

    In a letter to employees, Tesla CEO Elon Musk expressed his desire to take Tesla private to avoid the scrutiny of short sellers. He set a target price of $420/share which is a 20% premium on the company's post second quarter earnings and values the company at $71.7 billion. All he needs is a...
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