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  "docSlug": "de846e7e7437",
  "documentTitle": "Tesla, Inc. (TSLA)",
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  "authorName": "Citron Research",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2018-10-23 00:00:00",
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  "notes": "The slide uses a comparative table to show the inverse relationship between Tesla Model 3 sales growth and the declining sales of traditional luxury sedans.",
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      "text": "If TSLA demand is because of backlog, then why is the year over year declines for these brands accelerating every month in an economy that is booming?",
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      "text": "YoY Growth: 38.1%",
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      "text": "The chart above implies that consumers are coming up for lease renewal or new car decision and opting into a Tesla - it is not just pent up demand from people on the reservation list.",
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      "text": "Critics will say “of course Tesla is selling a lot of cars, there was a backlog of 2 years of demand.” However, we’re seeing that demand is new this year and pulling directly from TSLA’s competitors.",
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