Tesla was the most shorted stock for the last three months

By Joey Klender Posted on September 12, 2023 Tesla (NASDAQ: TSLA) was the most shorted stock in August in the Americas, and Rivian had the highest institutional supply utilization, according to new data from a lending firm. Tesla stock has had one of the more notable stands on Wall Street as a stock that has …

Tesla Chair Robyn Denholm calls on Australia to build more battery refineries

By Simon Alvarez Posted on September 5, 2023 While speaking at the annual Minerals Week summit in Canberra, Australia, Tesla Chair Robyn Denholm highlighted the importance of building refineries and factories. If Australia remains a country that is only focused on mining key battery materials, the executive warned that the country could lose a big …

Tesla’s Musk fine with taking this risk if it means higher production

By Joey Klender Posted on July 20, 2023 Tesla CEO Elon Musk said during the company’s Q2 2023 Earnings Call on Wednesday that it “makes sense to sacrifice margins in favor of making more vehicles,” hinting toward more price cuts even as economic times are uncertain. This year, Tesla has used price adjustments to stimulate …