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Tesla's Supercharger Team was recently laid off. We discuss what this means for the company on today's TMC Podcast streaming live at 1PM PDT. You can watch on X or on YouTube where you can participate in the live chat.
Like we have been saying...
"Tesla is one of the most crowded stocks for short selling. Tesla ranked second in the April Hazeltree Shortside Crowdedness Report with a score of 97 out of a possible 99. The score ranked Tesla second among all large-cap stocks. with a perfect score of 99."...
https://www.google.com/amp/s/www.teslarati.com/baidu-tesla-robotaxi-china/amp/
"Baidu’s General Manager for the autonomous driving department, Xu Baoqiang, told Shanghai Securities News that the auto company would consider potential collaboration opportunities with Tesla. Baidu might use...
@Knightshade You are getting lost in minutiae. Simply graph SP and short interest 2021-present. You'll see the inverse correlation that is quite suspect.
Agree with all. Just want to clarify the highest short interest by $$amount was just over $40B in second half 2020. You are correct, we are almost at $20B now, which is not low by historical standards to be sure.
@Knightshade
I won't be long-winded in my response. I'll keep it simple:
Shorting a stock heavily near all time lows is paradoxical because generally it makes more sense to short a stock as it is near its highs, not it's lows.
"Piling on," as you said, is exactly right. Piling on the keep...