David Einhorn’s Gentile is still short Tesla

“During the March and June quarters, TSLA particularly increased its popularity of regulatory appropriations. The company reported regulatory credit sales of $782 million in the first part of 2020, to $594 million in 2019. Historically, TSLA has made money from credit sales, even this year has accumulated into accounts receivable.”

The letter went on to point out that in the afterlife, Tesla’s main credit client, Fiat Chrysler (NASDAQ: FCA), whose popularity of spending is at odds with Tesla’s in the past two quarters. Fiat Chrysler declared about $370 million in credit sales in the first part of 2020, less than part of Tesla. In particular, in the afterlife, the two totals have been very evenly matched. “Data-reactid 30”: the letter continued to point out that, in the future, Tesla’s main loanss customer, Fiat Chrysler (NASDAQ: FCA), whose popularity of spending is at odds with those of Tesla in more than two quarters. Fiat Chrysler declared about $370 million in credit sales in the first part of 2020, less than part of Tesla. In particular, in the afterlife, the two totals have been very evenly matched.

These solid arguments show that Greenlight is not intended to ignore its short position, and it is not difficult to understand why. While Tesla can successfully answer Einhorn’s accounting questions, it remains the undeniable fact that the electric car manufacturer is operating at incredibly beloved levels. Its market capitalization is greater than that of Ford (NYSE: F), BMW (BMW) and Fiat Chrysler combined, despite promoting far fewer cars than any of them, is not a recipe for a smart price game. “Reagent to Data”31”: These strong arguments show that Greenlight is not intended to ignore its short position, and it is not difficult to understand why. While Tesla can successfully answer Einhorn’s accounting questions, it remains the undeniable fact that electricity The automaker is trading on its market capitalization that is higher than ford (NYSE: F), BMW (BMW) and Fiat Chrysler combined, despite promoting far fewer cars than any of them, is not a recipe for a smart price.

Disclosure: He has no inventory mentioned. “Reagent to Data – 32” – Disclosure: He has no inventory mentioned.

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