Short Seller "Citron" is being Sued

Early Christmas present

Looks like they are indeed "lemons" (= citron in french)...

good! This kind of fraudulent manipulation is what makes it so hard to invest in prominent next generation companies. I have seen this with Apple, which certainly is not immune. Amazing how a tweet can cause $5-6 billion market cap movement.

Another article with a little more context, http://www.valuewalk.com/2014/12/citron-research-targeted-hong-kongs-sfc/

It seems the Asian markets have much to gain by cracking down on malicious short sellers. It is very hard for investors in the west to get good information on asian companies. So the environment is ripe for manipulative short sellers to practice deception. I tend to avoid Chinese companies for just this reason.

Excellent news. I hope our SEC is targeting those who do the same.

And it wouldn't be a decade too soon, too.

There are a lot of commenters out there that post an awful lot of FUD with no reasoning to back their campaign against Tesla. This might explain a few of them.