Friday, November 17, 2023

Tesla Stock: The Short Squeeze Dilemma

With a remarkable 110% surge this year, Tesla is now the S&P 500's second-most shorted stock. Despite its impressive 120% year-to-date rise, skeptics abound due to Tesla's lofty valuation, sporting a price-to-earnings ratio of 78.12. As of November, Tesla shorts have incurred over $1.76 billion in losses.

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