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Many Tesla Short Sellers Are Giving Up

EV Obssesion

Most of Tesla’s ($TSLA) short sellers are giving up, Bloomberg reports. The article stated that Tesla is inflicting more pain on short sellers and cited data from S3 Partners which shows that short interest, which is around 3.2% of the float, is at its lowest ever.

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Tesla (TSLA) short-sellers feel $12.2 billion blow in 2023

Teslarati

Following a victorious 2022, Tesla short-sellers endured a brutal 2023. Over the course of the year, Tesla short-sellers watched their bets against the electric carmaker implode to the tune of $12.2 Tesla stock more than doubled in value over 2023. Short-sellers as a whole did not have a good 2023.

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Elon Musk shows open support for Justice Department’s probe into short sellers

Teslarati

Tesla CEO Elon Musk is happy to see the US Justice Department initiate an investigation into short-sellers. “I am greatly encouraged by the Justice Department investigating short sellers. . “I am greatly encouraged by the Justice Department investigating short sellers.

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Tesla’s most prolific short-seller Jim Chanos claims TSLA investors are overlooking a big risk

Teslarati

During a recent appearance at a podcast this week, famed short seller Jim Chanos claimed that Tesla investors are overlooking something very risky about the company. Chanos noted that today, Tesla resembles Cisco Systems back in 1999, a company widely considered the poster child of the dot-com bubble. .

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Tesla bull weighs in on Delaware Court decision against Musk’s TSLA comp plan

Teslarati

Tesla ( NASDAQ:TSLA ) bull and Wedbush Securities Senior Equity Research Analyst Dan Ives has weighed in on the Delaware Court decision that rescinds Elon Musk’s 2018 compensation plan, which was approved by about 80% of TSLA shareholders at the time. By doing so, Tesla could ensure that Musk stays on board.

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Tesla critic abandons bet against TSLA, with no plans to revive it

Teslarati

Tesla (NASDAQ:TSLA) has a lot of critics, and some of them tend to be aggressive at times. One of these is Carson Block, which The New York Times describes as a “volatile and sometimes venomous short-seller” who runs Muddy Waters Capital. They are correct in that lack of scale would have been the death of Tesla.

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TSLA: German readers urged to help bring Elon Musk ‘to his knees’ by betting against Tesla

Teslarati

Tesla is no stranger to entities that are actively betting against it. Being one of the most shorted companies for years means that it is used to attacks from several fronts. But recently, Tesla ended up on the receiving end of what could very well be the strangest efforts against it to date. . — Marcel Münch ??

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