The Chinese Government’s Love Affair With Tesla Is Over
Stanphyl Capital‘s commentary for the month ended May 2021, discussing their short position in Tesla Inc (NASDAQ:TSLA). Q1 2021 hedge fund letters, conferences and more Tesla Has A Diluted Market CapAs noted earlier, we remain short the biggest bubble in modern stock market history, Tesla Inc. (TSLA), which currently has a diluted market cap of approximately $706 billion, nearly 80% of the $910 billion (non-diluted) combined market caps of Toyota ($231 billion), VW ($180 billion), Daimler ($100 billion), GM ($86 billion), BMW ($69 billion), Stellantis ($61 billion), Ford ($58 billion), Honda (...