Indian businessman Gautam Adani was a few billion dollars shy of Elon Musk. But he tumbled down the billionaires' list after a U.S. firm accused the Adani Group of pulling off an epic con.
A ton of new vehicle start-ups are trying to follow in Tesla's footsteps but a battle between one electric pickup maker and a short seller shows how the heavily hyped industry is also a risky one.
In recent weeks, short sellers were painted as the enemy, when hedge funds bet against stocks like GameStop. It set off a tug of war between small investors and Wall Street shorts. The hate isn't new.