Lakewood Capital Still Shorting Tesla Motors Inc, SolarCity Corp

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Michelle deBoer-Jones
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Updated on

Shorts on Tesla and SolarCity are still Lakewood Capital’s biggest losing positions Lakewood Capital’s Anthony Bozza remains convinced that Tesla Motors and SolarCity shares are going down. And that’s despite the fact that the short positions in both of Elon Musk’s companies continue to be his firm’s two biggest losers.   Lakewood Capital still losing big on Tesla, SolarCity shorts A copy of Lakewood’s latest investor letter dated Jan. 24 was reviewed by ValueWalk. In it, Bozza stated that they lost 286 basis points on their short of Tesla and 150 basis points on their short of SolarCity. The fund generated a…

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.