Chinese Government’s Love Affair With Tesla Is Over
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ValueWalk
ValueWalk
Stanphyl Capital’s commentary for the month ended June 30, discussing their short position in Tesla Inc (NASDAQ:TSLA). Q1 2021 hedge fund letters, conferences and more Stanphyl Remains Short TeslaWe remain short the biggest bubble in modern stock market history, Tesla Inc. (TSLA), which currently has a diluted market cap of approximately $770 billion, nearly 90% of the $891 billion (non-diluted) combined market caps of Toyota ($244 billion), VW ($149 billion), Daimler ($96 billion), GM ($86 billion), BMW ($70 billion), Stellantis ($62 billion), Ford ($59 billion), Honda ($56 billion), Hyundai …