For the past year, Elon Musk has waged a bitter war of words with short-sellers, the investors who are betting billions of dollars that Tesla will fail. But many of those who believe that Tesla is destined for a major restructuring — or even collapse — are buttoned-up investors. The main reason Tesla is the most shorted stock on Wall Street is its market valuation of $50 billion (U.S.). Until recent declines in its stock, Tesla was worth more than General Motors. Gabe Hoffman, 41, a partner at Accipiter Capital, which has shorted Tesla, points to the ratio of how much cash Tesla has and could access quickly and how much it owes in the short term.

Source: thestar September 17, 2018 18:11 UTC