Citron Research tweeted its apparent shorting recommendation at 10:56 am EDT:
Citron Research (CitronResearch) on Twitter
What is incredible is that the tweet points to today's Time magazine puff piece for the BMW i3 that appears more like a press release from BMW:
Nailed It? Why BMWs New i3 May Be the Most Popular Electric Car Yet | TIME.com
The combined effect may have triggered a cascade through the stop limits set by those who bought this week.
I don't see the ugly short ranged BMW i3 as serious competition to the Tesla Model S or later models. If anything, it demonstrates that another established automaker fears that Tesla Motors will be genuinely disruptive to their industry.
The short interest tomorrow will be published on August 9th. It should be interesting. If Citron has induced a large increase in the short interest, reaction to a positive earnings report could result in another short squeeze.