Tesla One of the Most Shorted US Stocks in 2023: Report
After topping the list in 2022, Tesla was once again one of the most shorted large-cap stocks last years.
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BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
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HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Shares of Tesla tumbled 8.8% in premarket trading after the automaker released disappointing Q4 results and 2024 outlook.
After topping the list in 2022, Tesla was once again one of the most shorted large-cap stocks last years.
Tesla's stock fell 2.2% in premarket trading on Tuesday following Musk's stipulation for progressing the company's AI ambitions.
Tesla shares fell 0.6% in premarket trading Friday after Chinese market regulator said the carmaker will recall 1.6M vehicles due to software issues.
As Coinbase shares surged nearly 400% in 2023, Cathie Wood's ARK funds sold their holdings, while concurrently increasing their position in Tesla.
Tesla stock dipped more than 5% on Thursday following HSBC's downbeat price target and rating on the EV stock.
The US DoJ issued subpoenas to Tesla as part of its investigation into Autopilot and the driving range of its vehicles.
Bernstein analysts maintained their $150 price target on Tesla's stock after a poor Q3 earnings report.
Tesla is expected to disclose lower margins and profit in today's Q3 report, but many investors remain confident in the company's long-term outlook.
Tesla is facing growing risks of bearish pressure as its stock forms a death cross pattern. In addition, the company is expected to report a sharp…
Shares of Tesla slipped in premarket trading. Meanwhile, Disney climbed after Nelson Peltz boosted his stake in the company.
Shares of Tesla fell more than 2.2% on Friday after the company unveiled the latest series of price cuts.
Rivian shares plunged 9% in the premarket on the company's $1.5 billion convertible bond sale announcement.