Amazon.com, Inc. (AMZN), Tesla Motors Inc (TSLA) And Netflix, Inc. (NFLX): Arbiter Partners Bets Against These Stocks

In Tesla Motors Inc (NASDAQ:TSLA) Arbiter holds ‘Put’ options underlying 758,500 shares valued at $143.18 million. For the first quarter of 2015, Tesla Motors Inc (NASDAQ:TSLA) reported a delivery of more than 10,030 vehicles, which exceeded its initial forecast and showed an increase of more than 50% on the year. Tesla also reported revenue of $939.88 million, up by 51.46% from a year ago; and a gross margin of 27.7% on a GAAP basis. The company is on track to exceed its target of 55,000 cars delivered in 2015 and it plans to start deliveries of Model X in the third quarter of the year. David E. Shaw’s D. E. Shaw, along with Daniel Benton’s Andor Capital Management and John Thaler’s JAT Capital Management are among the shareholders of Tesla Motors Inc (NASDAQ:TSLA), while Eric W. Mandelblatt’s Soroban Capital Partners and Ken Griffin’s Citadel Investment Group hold ‘Put’ options underlying shares of the company.

With ‘Put’ options equal to 98,800 shares valued at $41.17 million, Netflix, Inc. (NFLX) also made the list. The Internet television network reported revenue of $1.57 billion for the first quarter of 2015, up  by 23.62% from the same quarter of the previous year. Netflix, Inc. (NFLX)’s stock gained almost 70% since the beginning of the year and currently trades at more than 150 times earnings. Philippe Laffont’s Coatue Management, Carl Icahn’s Icahn Capital, D. E. Shaw and Stephen Madel’s Lone Pine Capital are just a few of the hedge funds which own large long positions in Netflix, Inc. (NFLX).

The last spot on the list is taken by salesforce.com, inc. (NYSE:CRM), whose stock gained 21.04% year-to-date. Isaac reduced this position by 55% during the first quarter of 2015 to 80,000 shares represented by ‘Put’ options, the value of the stake amounting to $5.35 million. According to some recent reports, Salesforce might be acquired in the near future and  among the companies which have the potential to buy it are Microsoft Corporation (NASDAQ:MSFT), Oracle Corporation (NYSE:ORCL) and Intel Corporation (NASDAQ:INTC), although none of them has disclosed any offers yet and salesforce.com, inc. (NYSE:CRM) did not comment on the M&A rumors. Billionaires Israel Englander and Ken Griffin are among the investors of salesforce.com, inc. (NYSE:CRM), according to their last 13F filings.

Disclosure: None