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A Tesla Short Seller Bares His Soul

In a letter to investors, Stanphyl Capital’s Mark Spiegel explained why he has stopped out some of his puts.

Stanphyl Capital founder Mark Spiegel made a name for himself shorting Tesla, starting with a scathing presentation at the Robin Hood Investors Conference in November of 2016 at the behest of another Tesla bear: David Einhorn.Now that Tesla has skyrocketed, Spiegel is wondering aloud what went wrong. He hasn’t totally

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