8 ms·
So is it likely (or even possible) that TSLA really is the most shorted stock on Earth? I've seen this tossed around repeatedly, although perhaps it's just a ru
by Fej 9y ago
So is it likely (or even possible) that TSLA really is the most shorted stock on Earth? I've seen this tossed around repeatedly, although perhaps it's just a rumor.
On the other hand,
> Tesla said that it's now "rare" for a new Model X to have "initial quality problems." [1]
doesn't sound very pretty.
[1] http://www.cnbc.com/2017/07/03/tesla-delivers-22000-vehicles-in-q2-2017.html http://www.cnbc.com/2017/07/03/tesla-delivers-22000-vehicles...
- crunchaboo87 9y agoI believe it's in the top 3. Amazon and Alibaba are also contenders. Disclosure: Short Tesla and Alibaba.
- _pmf_ 9y agoTying novel ideas in a mass road vehicle is a very, very bad idea. If these ideas include supply chain and QC shortcuts, it pretty much guarantees failure. I applaud Tesla for "making EV sexy" and pushing existing OEMs, but unless Musk gets his ego in check and starts tackling the boring (no pun intended) problems instead of trying to promote himself as autonomous driving messiah, I don't see the first batch of mass produced 3s as having a high chance of being acceptable.
- aquadrop 9y agoWhy do you think they don't know about "boring" problems? They've been producing cars for years, it's their third model... Also, Musk isn't promoting himself as autonomous driving messiah, but as Mars colonization messiah :)
- InitialLastName 9y agoAnd soon he'll be a boring messiah!
- kbob 9y agoModel 3 is the fourth model. Roadster, S, X, 3. Unless you're counting S and X as one, since they share the same platform.
- aquadrop 9y agoYes, you're right it's 3rd or 4th model depending on the way you count, main point still is it's not the first model :)
- castratikron 9y agoNot sure about Earth, but I think it is the most shorted stock on the US market. Something like $10B in short interest last time I checked a few weeks ago.