Bengaluru — Tesla shares rose 6% on Tuesday, after long-time critic and short-seller Citron Research had a change of heart on the company’s outlook, praising the success of the electric-vehicle (EV) maker’s mass market Model 3 sedan. The firm lauded Tesla’s Model 3 in a research note, saying the sedan is a proven hit and many of the warning signs around the company have proven not to be significant. “With a great deal of analysis and due diligence we can say, for the first time, Citron is long Tesla,” the research firm said in a note. The change of opinion comes a month after Andrew Left-led Citron sued Tesla and its CEO Elon Musk, saying Musk fraudulently engineered his since-abandoned plan to take the company private to “burn” short-sellers. Citron said that it was not withdrawing its lawsuit against Musk and Tesla, saying Tesla is destroying the competition, snatching customers from BMW, Mercedes, Toyota and Honda. “Like a magic trick, while everyone is focused on Elon smoking we...

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