Tesla is no longer “a growth story”—it’s a nearly-profitless stock promotion for idiots!, Says Shortseller

Stanphyl Capital’s letter to investors for the month ended December 2020, discussing that Tesla‘s expected 180,000 delivery figure for Q4 2020 is not production constrained. Q3 2020 hedge fund letters, conferences and more We remain short the biggest bubble in modern stock market history, Tesla Inc. (TSLA), which currently has a non-diluted market cap of approximately $675 billion, which is roughly equal to those of Toyota, Volkswagen, GM, Daimler, BMW, Honda, Hyundai, Ford, Fiat-Chrysler and Nissan combined (!) despite run-rate sales of around 700,000 cars a year to their approximately 65 mil…

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