Tesla: Big investor stops betting against Elon Musk – title rises 13%



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Andrew Edward Left, a prominent Wall Street investor in Citron Research, has always been considered a big skeptic for Tesla. He is now praising the company of technology billionaire Elon Musk. "It's a revolution I've underestimated," Left said to Bloomberg TV.

Musk attracts so much attention with his escapades that people would not even notice the success of his business, said the big investor. In fact, the company is about to become profitable and refute skeptics.

Previously, Left had made a splash with a lawsuit against Musk after shocking the markets in August with plans to retreat the Tesla Stock Exchange. Citron held a long position on Tesla, speculating on a decline in stock prices.

The unexpected praise gave Tesla's share View graph Tuesday, the course was mbadively dynamic: the course has enjoyed an additional benefit of about 13% of US trade.

On Tuesday, Tesla's announcement that it would already feature the third quarter numbers on Wednesday – and therefore much earlier than expected – provided an additional wind. Musk promised investors several months ago that the formerly chronic deficient company would be out of the red.

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