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Tesla short seller warns of ‘massive’ supply-chain risk

Bloomberg Short seller Fahmi Quadir, who’s betting against Tesla Inc., said the carmaker faces risks to its supply chain because some vendors haven’t been getting paid. Quadir, the founder and chief investment officer of Safkhet Capital LP, made a name for herself by shorting the drugmaker formerly known as Valeant Pharmaceuticals around its peak in 2015. She said her firm ...

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Netflix investors seek signs of resurgence

Bloomberg Netflix Inc. will make its most important announcement of the year on Tuesday, reporting how many new customers signed up for the world’s largest paid online TV service over the past three months. With tech stocks taking a drubbing this month, investors will be seeking reassurance that the company’s disappointing second quarter was just a blip and not a ...

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Instagram’s success ‘in orbit’ at Facebook, says co-founder

Bloomberg Instagram co-founder Kevin Systrom, in his first public appearance since leaving the photo-sharing app, said he felt comfortable moving on because it was already on a path to broader success at parent company, Facebook Inc. “It didn’t feel done by any stretch of the imagination, but it felt like it was in orbit, and if we let go and ...

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