- Tesla shares have soared past $ (on the back of better-than-expected fourth-quarter results.)
- The rally follows the company strong guidance for .
- As Tesla shares continue to soar, the company’s many shorts are in a world of pain.
Tesla (NASDAQ: TSLA) flies to $ (per share on the back of) strong fourth-quarter earnings and optimistic guidance for 230709. The electric automaker now boasts a market cap of over $ billion with many analysts expecting even more growth.
But despite its surging share price, Tesla still has a massive, double-digit short interest. How many times will the bears get burned before they give up?
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