With Tesla stock passing $ 1,000 per share for the first time the Tesla short sellers are in huge trouble and when I say huge, I really mean it in this video we're gon na take a look at the horrible mess that the most famous short sellers are In right now, if you new to the channel, please consider subscribing for more content like this. With that being said, let's get right into it. This wouldn't be a Tesla short seller, video without Gordon Johnson, in it, whose most notorious for being the rudest Tesla short seller out of them. All rumours are that he was fired from his job at vertical group because of how wrong he was on Tesla.

He was also giving vertical group a bad reputation by constantly interrupting and raging on CNBC. What but be careful? How do you stay? How do you, how do you revive but puppy if you're burning billions of dollars every quarter, how a question for you? How do you, how do these auditions these all hours? Everything is honor. These all are irrelevant. The only thing that matters to the stock.

What does that matter do stuff? Nothing. It has nothing to do with. Gordon has recently made an appearance on Yahoo Finance. Attempting to back up three arguments.

The competition is coming, Tesla has no secret sauce and Tesla has a demand problem. You have a ton of new V's hitting the market this year. We think q2 is gon na, be a disaster, roughly 2.4 billion in cash flow bird, and we think this v-shape that people are expecting in the second half is not going to happen for Tesla. We think they're gon na do about three hundred eleven thousand cars and deliveries this year.

We think it's going to be a big disappointment and with respect to the technology, they do not have any special sauce. This is a viewpoint held by many reflecting in Tesla's valuation. So keep in mind that last week they were pushing the deliver cars, so we think Tesla has a demand problem. We think they have a cash flow problem and as that cash flow brings through this year, we think people are gon na focus back on the fundamentals and they're ugly.

Gordon has got to be one of the best comedians on Wall Street. We'll see what happens this year, but when looking at the facts, not looking at an aspirational story, demand for their cars is collapsing in Europe, the USA and China as well. As you know, pretty much. Every other locale and you're gon na see that in 1q where's the competition Tesla is moving forward with its battery technology, while other automakers are struggling to compete with a 2012 Tesla Model S, there is still in 2019, no car that can compete with Model S of 2012, it's seven years later still waiting and how is there a demand problem when all the other dealerships are closed but Tesla is still selling Jim Chanos is the most famous Tesla short seller because of the facts that he has lost the most money on Tesla, despite Shorting Tesla for over five years, Jim Chanos still won't admit that he was wrong about Tesla surgery.

The results will always will outright either shorts of the lungs are gon na, be right about something and, and the stock will reflect that over time. It almost seems as if Jim Chanos is owning on CNBC, when Tesla stock is down back. In the beginning of April, Jim Chanos went on CNBC, while Tesla stock was down from its highs and foolishly stated that he was still maximum short. In this interview he was laughing at Tesla stocks, parabolic move and called Tesla one of his favorite short positions.

According to Jim, his viewpoint hasn't changed because Tesla is still a car company and will still lose money this year. Well, the other is when a stock goes. Parabolic, like Tesla other winter, we are still, we are still basically maximum short Tesla. It's still one of my favorite positions, nothing's changed in my viewpoint.

Here this is a car company. It will lose money again this year. What I find fascinating about Tesla is that the 2021 estimates which track the stock on the way up are now being cut dramatically. I think Tony Sacco nagi, who you know, cut his 2021 adjusted EPS number yesterday from $ 18 to $ 11.

I mean that's not affected by the virus, so I mean we're seeing we're seeing big number cuts in this company they're building two plants. They finished China they're building Berlin. They are increasing capacity, I think exactly at the wrong time and if you know anything about manufacturing economics, you know that units. You also need to cover your overhead if you're, building more and more capacity and if you're not producing at 90 plus percent of capacity you're, basically not going to be profitable.

Mark Spiegel manages as much money as your grandma but still gets plenty of media coverage because of how arrogant he is he's most famous for the following clips. So the name of this presentation is Tesla is still a zero-day. Now before we start, let's disclose each of you what your stakes are here financially Mike, we'll start with you yeah. So where are its stock here? Yeah we're short Tesla via outright stock, and we own long dated putts and some short data puts and yeah it's a seven-figure dollar amount of stock that we're short all right and Galileo yeah.

So I'm a Tesla shareholder. I own 60 shares all right, good stuff. Okay, so we're gon na break this into three parts: we're gon na go through the financials so by the numbers, then we're gon na go into the technology and then we'll go into. Of course, mr.

must Elon Musk himself. So, let's start with the numbers themselves: earnings were good right. These past quarters, this past quarter has been really good. Losses were a little bit bigger than expected, but they did be on revenue slightly here, four billion in revenue versus an expected three point: nine nine 16 %.

The stock soared. You did really well that day Bears did not do very well that day. What was your reaction when he saw this report? Well, I first have to ask about something you just said: yeah, you said earnings were good. I mean what I'm seeing here.

This is the earnings. They had a gap loss of over 700 million dollars. How is that? Possibly good I'm at the revenue, so I meant the top one hollow is good. Earnings came in way more losses than expected right, so growing, profitless revenue, in fact growing money losing revenue is not a sustainable business.

With the recent rise of nikola motors mark, Spiegel has recently been siding with Nicola, as he stated that the Tesla semi is going to Nichola semi. The funny thing about mark is that he covered his short position in the 700s and 800s and and later riba. His short position when tesla stock dropped to the 400s now with Tesla stock reaching all-time highs mark is beefing with billionaire Ron Baron and his bullish view on Tesla by stating keep thanking Tesla especial Ron, you silly fanboy with Marc's seven-figure amount, shorting Tesla, it's no secret! That he's losing at least seven figures of his clients money. In a recent letter sent to his shareholders, Marc admitted that he was not only in shorting the stock, but also Tesla call options.

His reasons for this was because Tesla has no moat, has a terrible balance sheet and that Elon Musk is extremely untrustworthy. David Einhorn once had a net worth of one point: four billion dollars in March of 2018, but we saw that net worth dropped to 700 million dollars in a span of just one year. Now we're still waiting for a recalculation of David Einhorn stat worth, but it'll. Certainly drop significantly after his horrible investments from 2012 to 2015, David Einhorn was beating the S & P 500, but since then it's clearly gone downhill for him.

On March 31st, 2029 Horne filled a 13 F filing showing that he had recently bought Tesla, put options. Tesla stock was at five $ 50, a share on March 31st and now that it's at 1,000, it's safe to say that Einhorn is losing a boatload of money. He has also been a large investor in General Motors, which has been on the decline over the past five years. Einhorn is most famous for the following clip I'd like to remind everybody that the ideas I'm about to present our existing positions in our portfolio.

We may change our positions at any time today. I'd like to talk about planes, trains and automobiles. Let's start with automobiles Napoleon once said: never interrupt your enemy. When he's making a mistake, so I won't just watch the screen.

That's a lot of horse, despite all these short sellers laughing at one point, it's becoming blatantly obvious that they should have cut their losses and admitted that they were wrong a long time ago. Now it's our turn the last back at them. Let me know what you think about these Tesla short sellers in the comment section below. If you enjoyed this video, please hit the like button and subscribe with.

That being said, I'll see you in the next one.