Tesla (TSLA) closes in on $420 as shorts choke on $2 billion loss

By Simon Alvarez Posted on December 19, 2019 Tesla stock (NASDAQ:TSLA) has set new records once more, with shares breaking the $400 barrier on Thursday’s opening bell. Together with a new record market cap of $72 billion, TSLA stock’s recent displays of strength have given yet another massive blow to short-sellers.  That’s a blow worth …

Tesla (TSLA) stock up 99% since June as short sellers race to cover

By Simon Alvarez Posted on December 16, 2019 Tesla shares (NASDAQ:TSLA) breached the $370 mark after the opening bell on Monday, allowing the company to practically double its value from its lows in June, when the electric car maker traded as low as $179 per share.  Tesla has gone up over 99% between June and …

Tesla (TSLA) shows strength amid analyst’s 1k Model Y weekly production update

By Simon Alvarez Posted on December 12, 2019 Tesla shares (NASDAQ:TSLA) are up as a longtime bull provided a quick update on the upcoming Model Y crossover, stating that the electric car maker plans to produce 1,000 units of the vehicle per week to start. This is a bit conservative considering the current weekly output …