My Age of Investment

“As the only pure electric vehicle listed company in the United States and even the world, Tesla has experienced a stock price increase that is unimaginable for other listed automobile companies in the past year.

Through the picture above, we can clearly see that its listing price a year ago was US$20, and its opening price was US$21.5...

 After that, a year-long stock price rise began. First, the stock price exceeded the US$30 mark, and then exceeded US$40 and US$50.

  As of last month, Tesla’s highest intraday share price reached $60.

 Multiplyed by the total share capital of 167.25 million, the market value once stood above the tens of billions of dollars. "

At this moment, Liu Hai, who is on the other side of the ocean, is analyzing Tesla's stock price trend through a remote video conference with Xia Jingxing, who is in China. The latter listens with interest, nodding his head from time to time, or making a few comments about Liu Hai's Agree with these judgments.

 After a moment, Liu Hai's expression in the video suddenly became serious, and he changed the subject and said: "Tesla's stock price peaked last month, and its stock price turning point also occurred last month.

 Since last month, Tesla’s short positions have suddenly surged, and there has been a large amount of short selling in the market. Coupled with factors such as the lifting of the stock ban, the good upward trend of Tesla stock was interrupted.

 As of yesterday, Tesla’s stock price has been falling for a month, and the stock price has returned to the US$30 level more than half a year ago. "

 Hearing the news, Xia Jingxing's face did not show much fluctuation. He asked very calmly: "What about the release of F1 Renaissance? How much impact will it have on Tesla's stock price?"

“I’m about to say this next, and the impact this incident has had on Tesla is not small at all.

·As soon as the stock market opened today, Tesla's stock price plunged more than 10% during the session, and finally closed at $28.87. "

Xia Jingxing lowered his head and thought for a moment, and said with a serious expression: "There is still a huge negative that has not been released. In a few days, Tesla will release its second quarter financial report and disclose its car delivery volume in the first half of the year."

"Yes, many short sellers are already eyeing Tesla's financial report and delivery data. And they are predicting unabashedly on Twitter that with the disclosure of the second quarter financial report, Tesla will encounter an epic event. Level Waterloo."

Upon hearing this, Xia Jingxing's face showed a long-lost smile, and he asked curiously: "There are really some people who are not afraid of death. Tell me who they are?"

“The list of short sellers is very long. At present, there is Carson Bullock, the founder of Muddy Waters, nicknamed “China Hand”.

There is also Citron founder Andrew Lightfoot, nicknamed the “Chinese Concept Stock Hunter.”

 Michael Burry, the big short who became famous during the subprime mortgage crisis, and legendary investor Bill Miller also came to join in the fun.

In addition, David Einhorn, the founder of Greenlight Capital, is also acting suspiciously. Recently, he has been posting tweets that slander Tesla, and these tweets are all marked with " #TSLAQ" tag. "

 “#TSLAQ?”

Xia Jingxing thought for a moment and realized immediately. Doesn't adding Q after the stock code mean that the stock is delisted? These idiots are really vicious. They cursed Tesla for delisting just one year after it was launched.

He was not surprised that Muddy Waters and Citron, a pair known for shorting concept stocks, were suddenly interested in Tesla, which was also co-founded by Chinese people.

Similarly, he is not surprised at all when short sellers like Michael Burry and Bill Miller, who have no friendship with each other, think they have seized the market opportunity and come to short Tesla.

 But he was very surprised and puzzled by Einhorn's behavior.

 You know, he is Einhorn’s boss!

In 2008, Greenlight Capital publicly stood up to short Bear Stearns and Lehman Brothers. Under the huge backlash pressure, Einhorn almost couldn't stand it. It was he who provided money and support behind the scenes. Fight to the end with the two giants and usher in the final victory. Although this move is not a help in times of need, it is out of considerations of safeguarding Vision Capital’s own interests, but after all, Vision Capital and Greenlight Capital were once brothers standing in the same trench.

Einhorn’s move was somewhat heartless.

Looking at Xia Jingxing's thoughtful expression, Liu Hai spoke up to explain: "I guess your previous divestment action offended the villain Einhorn."

Xia Jingxing nodded thoughtfully. Vision Capital's hedge fund of funds used to be an LP of Greenlight Capital. However, due to some changes, he arranged for Abel to withdraw all the funds invested in Greenlight Capital. , which is equivalent to the two companies now completely parting ways.

“Then he blames me for this? It was because he was unwilling to become our satellite fund in the first place!

 Several other sensible companies, such as Gaoling Capital, Snow Lake Capital, Tiger Asia, and Global Investment, which one has not received our heavy support? "

 Speaking of this, Xia Jingxing said angrily: "I originally thought that everyone has his own ambitions. Since he wants to run his own fund independently, I just let him go so that everyone can get together and disperse.

I didn’t expect this grandson to be so careless, so he immediately turned his gun and pointed it at me. "

Liu Hai spread his hands and said with a wry smile: "This is the reality of Wall Street. There are no permanent friends, only permanent interests."

 “No, I can’t swallow this breath, I have to give this guy a big gift.”

 After saying that, Xia Jingxing immediately took out his mobile phone, opened the Twitter App, and found Einhorn's account.

As soon as I drove in, I saw that the first tweet on the homepage of this guy's account was belittling and badmouthing Tesla.

He wrote: "I was very happy to sell this Model S that had tortured me for half a year and replaced it with a brand new Mercedes-Benz S. The bad design without even a sun visor can be said to be better than what Mr. Karl Benz did in 1886. The first cars invented were even cruder.”

At the bottom of the article, Einhorn also attached two car comparison pictures, one is the Model S he just sold, and the other is the Mercedes-Benz S he just bought.

The contrast between the interiors of the two pictures is very sharp. One is a Tesla that is so simple that it wants to cancel all the seats, and the other is a Mercedes-Benz, which is famous for its luxurious interiors.

 The result is self-evident. At least on the surface, Mercedes-Benz's interior design completely surpasses Tesla's.

 It has to be said that Einhorn’s tricks are very clever, and he has infinitely amplified the criticism of Tesla’s simple interior.

 This point can also be confirmed by the one-sided criticism and ridicule of Tesla in the comment area below his tweet.

Seeing this scene, Xia Jingxing was not too angry, as he had nothing to do with being angry with a bunch of anti-fans.

He first briefly read the comments, then moved his fingers slowly and posted a tweet, and liked his dear friend Einhorn: "Man, hurry up and experience the new car more. I'm afraid you won't have it after a while. But as a friend, I will send you a box of shorts in time to comfort you through this most difficult time."

After posting the tweet, Xia Jingxing quickly turned off his phone and ordered to Liu Hai, who was still waiting for his instructions on the screen: "Contact Draper and the others immediately to let them know you can enter. It's up to them how many fish you can catch." It’s a personal matter.”

Liu Hai smiled and nodded, and then asked: "What about us? Do we take action?"

“For us...it depends on the situation. This fish pond is still too small now. I’m worried that jumping in will scare away the fish, haha~”