Tesla shares rose 4 percent as a noted short seller Andrew Left of Citron Research said he is now betting on the stock into the company's earnings Wednesday.
"Citron is long Tesla as the Model 3 is a proven hit and many of the TSLA warning signs have proven not to be significant," said Left in a blog post Tuesday. "Plain and simple – Tesla is destroying the competition."
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Left confirmed that he is still suing Tesla.
"Yes, we are still suing Musk and Tesla and this recent report has no bearing on the current lawsuit," Left said.
This is a developing story. Check back for updates.
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