Citron Short Tesla

Shares of Tesla Motors Inc TSLA were down 3 percent after socially-active short seller Citron Research said it is shorting the electric car maker, saying that the supply and demand problems should take down the stock to $100 by the end of this year. "Citron shorting $TSLA. Supply AND demand problems should take down to $100 by year end. News flow all around does not look good for stock," Citron Research said on its Twitter handle. This isn't the first time Citron shorted Tesla. In 2013, he shorted Tesla. Last year, Citron re-entered Tesla short position, saying that deliveries were 'underwhelming to a watchful eye.' Related Link: http://www.benzinga.com/trading-ideas/short-ideas/15/07/5645500/citron-research-re-enters-tesla-short-position-says-deliveri Shares of Tesla were down 22 percent this year. They were trading between $141.05 and $286.65 during the past 52-weeks. The bullish view on Tesla is coming down. During the current month, 11 analysts rate the company as Strong Buy or Buy versus 14 analysts last month.