Former security fund manager Whitney Tilson is not shy about his bearish view at Tesla
. In fact, it feels like a bit of an obsession.
Tilson calls his decision to cover his card in 2014, "one of the biggest mistakes long or short of my investment career", and earlier this year he predicted that the stock would be finished in 2019 under $ 100 – so far so good at that particular view.
Now he's out with another anti-Tesla mission.
& # 39; Elon's claims are far from being reality. & # 39;
"Tesla is a zillion miles from Musk's promise of level 5 by the end of this year and a fleet of one million robot axes by the end of next year," he said in an email to investors posted on ValueWalk. 1
In fact, Tilson is so sure it won't happen he says he's willing to bet on someone else's thinking. Moreover, he is willing to bet $ 10,000 that Musk does not even come within one year of one of these promises.
"Elon's claims are far from being reality," he said, pointing to this video to show how he thinks Tesla is on his vision of reaching level 7.
"If you don't have time to see On that, I will summarize it for you: Autopilot is LAUGHABLY BAD, "Tilson wrote. "The driver had to intervene dozens of times – every few seconds it worked – to avoid major accidents."
Tesla shares made five to lose sessions in a row Monday, and touched its lowest level since January 2017 and ended 5% as trade war fear caught the wider market. The shares have now lost about one third of the value this year.