'Big Short' trader Danny Moses is still betting against Tesla, says core business is 'falling apart'

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'Everything is kind of falling apart in their core business,' Moses Ventures founder Danny Moses told CNBC's 'Fast Money.'

Tesla shares are still vulnerable to a big decline ahead, according to investor Danny Moses of "The Big Short" fame . Even with the electric-vehicle maker's stock down 32% so far this year, Moses is sticking with his Tesla short. "Everything is kind of falling apart in their core business," the Moses Ventures founder told

's " Fast Money " on Thursday. "He's pointing everybody to robotaxis and AI and autonomy," he added, referring to CEO Elon Musk. Moses lists Musk's decision to cut more than 10% of the company's global workforce, a recent Reuters report about a Tesla securities and wire fraud investigation , and uncertainty surrounding the robotaxi as downside risks. The robotaxi's unveiling is set for August 8.

's Anna Gleason contributed to this article. Disclaimer

 

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