09-06-2017 15:55 via feedproxy.google.com

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
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