Gail from the Tesla Owners Club of Austin shared her story of the behind the scenes of a photo that Elon Musk recently liked on Twitter. The photo was taken of Gail’s Tesla Short Shorts and two glasses of Champagne on top of her Tesla Model 3 while Giga Texas chased the sun with its cranes in the background.
We don’t often cover the day-to-day or even month-to-month stock market frenzy, but there is no doubt that growth in Tesla [TSLA] market cap has been a stunning thing to witness in recent years, and especially in the past year.
CNN has called Tesla’s incredible year a bloodbath for those who short the company’s stock. Ihor Dusaniwsky, the managing director at S3 and an expert at shorting stocks, told CNN, “There’s nothing that compares to it that I can remember.”
Goldman Sachs, which has reportedly made $100 million off of Tesla trades this year, has pointed out that Tesla’s S&P 500 entry could “spark an $8 billion buying spree. Back in September, the International Financing Review (IFR) noted that Goldman Sachs made $100 million from its series of trades that involved Tesla.
Short sellers have been preying on Tesla stock for years. Have they finally reached their come-uppance? “Most big Tesla shorts aren’t losing sleep or missing meals because of their positions,” Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, told Institutional Investor. “They still think this will eventually go their way.”
A recent Musk tweet draws upon multiple media marketing techniques to promote the Tesla catalog & censure naysayers.
In part one, I discussed how technological breakthroughs can be exciting, but technology itself isn’t the catalyst to massive change.
Well, I created my own best and worst case scenarios for production and deliveries, used what I could find and a number of estimates to nail down numbers that I felt were accurate, and this morning Tesla released the actual numbers. In that last article (mostly Tesla’s press release), Zach noted that the numbers would probably be a reason for some of our authors to produce long pieces on them, and …
Since Tesla stock has been on a rapid rise since November, there hasn’t been nearly as much FUD running across my feeds, but without fail there are a few analysts that are certain it’s about to all fall apart.
Tesla’s critics are in denial about Gigafactory 3’s stamping press, as they have been about many things.
