Elon Musk Applauded a Justice Department Probe of Former Tesla Short Sellers

business insider2022-02-24

Tesla chief Elon Musk applauded the US Department of Justice's probe into potential short-seller abuses — and snubbed the US Securities and Exchange Commission — in a rare email to a media outlet.In a...

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Comment（51）

williamtay
·2022-02-25
K
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1
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ohmytiannn
·2022-02-24
Awesome
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1
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YueShan
·2022-02-24
Good
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HENRYCSC
·2022-02-24
Ok
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2
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SCLIEW
·2022-02-24
666
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soosoo
·2022-02-24
Good
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5
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alvinherexD
·2022-02-24
Gg
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3
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happymoney
·2022-02-24
Elon is god
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5
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GggSlimeR
·2022-02-24
Do not like my comment
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1
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Mariko88
·2022-02-24
Will there be a rebound [Grin]
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3
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Looyusooi
·2022-02-24
Ok
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2
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cactuspot
·2022-02-24
👀
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1
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NewbieLeo
·2022-02-24
Finally acting on the right thing!
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1
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Ah Huat Ah
·2022-02-24
Looking at 700 range for longs
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1
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phongy 45
·2022-02-24
Good news
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2
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Remotecam
·2022-02-24
Probably have to shut down all of Wall Street if "short and distort" was illegal. That's why SEC will never act on them.
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3
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EA84
·2022-02-24
Well, there are lovers and there are haters. And then there are the ones who profit from either.
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simplyZuan
·2022-02-24
A cap and market condition need to be imposed on short selling
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simplyZuan
·2022-02-24
But they are still madly manipulating n short selling the counters. Eg ss nio
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Sohws
·2022-02-24
Like pls
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6
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This is something the SEC should have done, but, curiously, did not.\"Dozens of short sellers have been caught up in a Justice Department probe into their practices and whether they conspired to drive down stock prices by sharing critical research reports before their wider publication. Andrew Left and Carson Block, two short sellers who have reportedly bet against Tesla stock in the past, have been caught up in the inquiry.As for the SEC, the regulator and Musk have had a contentious relationship stoked by the Tesla chief's Twitter account and probes from the agency. Most recently, the SEC pushed back after Musk accused the agency of harassment and \"endless, unfounded investigations.\"Musk, who is known for avoiding media and opting to share information on Twitter, did not immediately respond to Insider's request for comment. The SEC and Justice Department declined to comment.In his email to CNBC, the Tesla chief also lashed out at \"sophisticated hedge funds,\" which he said take advantage of small investors.\"They will short a company, conduct a negative publicity campaign to drive the stock price down temporarily and cash out, then do it all over again many times,\" he said in the email. \"The term for this, as you may be aware, is 'short & distort.'\"His comments echo a tweet he wrote amid the GameStop trading mania early last year when he questioned short-seller practices and called it a \"scam.\"So far this year, Tesla shares have sunk 35% amid a broader market slump that has hit tech and high-growth stocks the 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:9030173428,"gmtCreate":1645669622290,"gmtModify":1676534051808,"author":{"id":"3569807126010989","authorId":"3569807126010989","name":"happymoney","avatar":"https://static.tigerbbs.com/c7b835f693b89bd9b980cc013a40c669","vip":1,"crmLevel":8,"crmLevelSwitch":1,"idStr":"3569807126010989","authorIdStr":"3569807126010989"},"htmlText":"Elon is god","listText":"Elon is god","text":"Elon is god","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030173428","repostId":1160406885,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030144920,"gmtCreate":1645668928190,"gmtModify":1676534051728,"author":{"id":"4093058604760480","authorId":"4093058604760480","name":"GggSlimeR","avatar":"https://community-static.tradeup.com/news/4b805c8472adab6d9418f36452434a56","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"idStr":"4093058604760480","authorIdStr":"4093058604760480"},"htmlText":"Do not like my comment&nbsp;","listText":"Do not like my comment&nbsp;","text":"Do not like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030144920","repostId":1160406885,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030145406,"gmtCreate":1645668810503,"gmtModify":1676534051713,"author":{"id":"3585465597002348","authorId":"3585465597002348","name":"Mariko88","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3585465597002348","authorIdStr":"3585465597002348"},"htmlText":"Will there be a rebound&nbsp;[Grin]&nbsp;","listText":"Will there be a rebound&nbsp;[Grin]&nbsp;","text":"Will there be a rebound [Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030145406","repostId":1160406885,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030140509,"gmtCreate":1645667364907,"gmtModify":1676534051556,"author":{"id":"4100437715079400","authorId":"4100437715079400","name":"Looyusooi","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4100437715079400","authorIdStr":"4100437715079400"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030140509","repostId":1160406885,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030154937,"gmtCreate":1645666740949,"gmtModify":1676534051199,"author":{"id":"3581837078692589","authorId":"3581837078692589","name":"cactuspot","avatar":"https://static.tigerbbs.com/94c3a8704d6c2ece9fce2b814d8c533a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581837078692589","authorIdStr":"3581837078692589"},"htmlText":"👀","listText":"👀","text":"👀","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030154937","repostId":1160406885,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030155116,"gmtCreate":1645666548524,"gmtModify":1676534051178,"author":{"id":"3582883416532133","authorId":"3582883416532133","name":"NewbieLeo","avatar":"https://static.tigerbbs.com/1d67674084088d7a0f8f4d8152ba870e","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"3582883416532133","authorIdStr":"3582883416532133"},"htmlText":"Finally acting on the right thing!","listText":"Finally acting on the right thing!","text":"Finally acting on the right thing!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030155116","repostId":1160406885,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030156100,"gmtCreate":1645666261915,"gmtModify":1676534051121,"author":{"id":"3582694591428688","authorId":"3582694591428688","name":"Ah Huat Ah","avatar":"https://static.itradeup.com/news/c4a60a007559b91a99e7ddd1bff84731","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3582694591428688","authorIdStr":"3582694591428688"},"htmlText":"Looking at 700 range for longs","listText":"Looking at 700 range for longs","text":"Looking at 700 range for longs","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030156100","repostId":1160406885,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030153936,"gmtCreate":1645665932776,"gmtModify":1676534051056,"author":{"id":"4101978790494150","authorId":"4101978790494150","name":"phongy 45","avatar":"https://static.tigerbbs.com/f6f41e543307358288f75d55fe347ad2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4101978790494150","authorIdStr":"4101978790494150"},"htmlText":"Good news&nbsp;","listText":"Good news&nbsp;","text":"Good news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030153936","repostId":1160406885,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030159554,"gmtCreate":1645665850165,"gmtModify":1676534051048,"author":{"id":"4093854476996450","authorId":"4093854476996450","name":"Remotecam","avatar":"https://community-static.tradeup.com/news/f856a0a30bd0fa23a086fc678014e48b","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"4093854476996450","authorIdStr":"4093854476996450"},"htmlText":"Probably have to shut down all of Wall Street if \"short and distort\" was illegal.&nbsp; That's why SEC will never act on them.&nbsp;","listText":"Probably have to shut down all of Wall Street if \"short and distort\" was illegal.&nbsp; That's why SEC will never act on them.&nbsp;","text":"Probably have to shut down all of Wall Street if \"short and distort\" was illegal. That's why SEC will never act on them.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030159554","repostId":1160406885,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030127819,"gmtCreate":1645665617275,"gmtModify":1676534050991,"author":{"id":"4105256809338850","authorId":"4105256809338850","name":"EA84","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4105256809338850","authorIdStr":"4105256809338850"},"htmlText":"Well, there are lovers and there are haters. And then there are the ones who profit from either.&nbsp;","listText":"Well, there are lovers and there are haters. And then there are the ones who profit from either.&nbsp;","text":"Well, there are lovers and there are haters. And then there are the ones who profit from either.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030127819","repostId":1160406885,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030124013,"gmtCreate":1645665517051,"gmtModify":1676534050960,"author":{"id":"4099287919764600","authorId":"4099287919764600","name":"simplyZuan","avatar":"https://community-static.tradeup.com/news/dc20e2abf14d7b9fc985eba8704182f3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4099287919764600","authorIdStr":"4099287919764600"},"htmlText":"A cap and market condition need to be imposed on short selling","listText":"A cap and market condition need to be imposed on short selling","text":"A cap and market condition need to be imposed on short selling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030124013","repostId":1160406885,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030125387,"gmtCreate":1645665425762,"gmtModify":1676534050945,"author":{"id":"4099287919764600","authorId":"4099287919764600","name":"simplyZuan","avatar":"https://community-static.tradeup.com/news/dc20e2abf14d7b9fc985eba8704182f3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4099287919764600","authorIdStr":"4099287919764600"},"htmlText":"But&nbsp; they are still madly manipulating n short selling the counters.&nbsp; Eg ss nio","listText":"But&nbsp; they are still madly manipulating n short selling the counters.&nbsp; Eg ss nio","text":"But they are still madly manipulating n short selling the counters. Eg ss nio","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030125387","repostId":1160406885,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030126375,"gmtCreate":1645665067654,"gmtModify":1676534050888,"author":{"id":"3566383987360583","authorId":"3566383987360583","name":"Sohws","avatar":"https://static.tigerbbs.com/820619ac430f3da1496aa96b932f4372","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3566383987360583","authorIdStr":"3566383987360583"},"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030126375","repostId":1160406885,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":479,"commentSize":51,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}