Why Anthony Scaramucci Is Warning Tesla Shorts: ‘I Would Get Out Of The Way Of Elon Musk If I Were You’
Tesla Inc (NASDAQ: TSLA) is continuing to move higher Monday after the stock notched gains during seven of the last eight trading days.
SkyBridge Capital’s Anthony Scaramucci issued a warning to Tesla short sellers after driving a Tesla vehicle for the first time over the weekend.
“I would get out of the way of Elon Musk if I were you,” Scaramucci said Monday on CNBC’s “Squawk Box.”
The SkyBridge Capital founder was, obviously, impressed.
“I drove the Tesla last night. Just a big heads up to every short. First time in a Tesla, the car is a spaceship,” Scaramucci said. “You don’t want to get in the way of a spaceship that’s moving silently on the road. I would just point that out to the shorts.”
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Tesla’s stock has been trending higher since the company announced better-than-expected third-quarter financial results on Oct. 20.
Tesla reported quarterly earnings of $1.86 per share, which beat the estimate of $1.57 per share. The company reported quarterly revenue of $13.76 billion, which beat the estimate of $13.62 billion.
TSLA Price Action: Tesla is making new all-time highs during Monday’s trading session.
The stock was up 2.33% at $1,139.96 at the time of publication.
Photo: courtesy of Tesla.
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