Author: Zachary Shahan

Tesla [TSLA] Now Really A Dramatically Shorted Stock (#CleanTechnica Exclusive)

One month ago, we got an email from IHS Markit. The market analysis firm had a totally unsurprising yet also shocking story to share — Tesla [TSLA] was a dramatically shorted stock. It’s unsurprising because this has been TSLA’s fate for years — it’s a favorite of stock shorters. However, it’s shocking because: 1) People and companies shorting TSLA have gotten absolutely burned in recent years and even months. 2) Model 3 production is ramping up — it’s certainly not at full speed and there have indeed been delays, but production is ramping up.

Tesla Model S Crushes Large Luxury Car Competition In USA

In July of 2017 (and previously), I put together a comparison of Tesla Model S sales and other large luxury car sales in the USA. A few people recently made me realize an update was in order. I didn’t really have a clue how things would turn out this time around since I hardly follow the non-electric car market, but my hunch was that the Model S was still #1 in the large luxury car category.

Tesla Model 3 — Already #1 In Small & Midsize Luxury Car Sales? (USA)

At the beginning of the month, Tesla noted that it had gotten Model 3 production up to 2,000 cars a week at the end of March. More recently, Tesla CEO Elon Musk told CBS that Tesla had produced 2,070 Model 3s in the week leading up to April 10. If you assume Tesla stalls at approximately 2,000 cars a week for the whole month, that’s still over 8,000 Model 3 electric super-sedans produced in April.