Shorting Tesla is a complete waste of time
Since late last year, short sellers have gotten completely destroyed by Tesla.
A company that looked wildly overvalued and ripe for a correction at a $30 billion market cap has watched its stock price surge more than 60% over the first half of 2017.
The market cap is now more than $50 billion, making Tesla — a largely profitless company that sold less than 80,000 cars in 2016 and undertook an ill-advised, debt-laden acquisition of SolarCity — bigger than General Motors, Fo
Read more »