Mr. Musk said that one of the reasons he wanted to go private was to defeat the “shorts,” the shortsellers, because of his concerns that they released negative and false information into the news as a means of driving Tesla’s stock price down to preserve their positions. Are shortsellers doing their own form of puffing or misrepresentation? The shortsellers on Tesla lost $5 billion between 2016 and 2018.17 Tesla’s stock climbed 27% during that same time frame. But, thanks to the Musk tweets on going private, the shortsellers made $1 billion in one week.

Whom are the shortsellers harming?? p-258