Tesla Bears Are Falling Off But Not Because Tesla’s Improving
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Tesla short sellers are retreating, but the reason has nothing to do with the company fixing its collapsing margins or surging profits. A single rumor reshuffled the entire bearish case overnight, and now the stock sits exactly at Wall Street's consensus target with nowhere obvious to go.
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Tesla Bears Are Falling Off But Not Because Tesla’s Improving
Tesla short sellers are retreating, but the reason has nothing to do with the company fixing its collapsing margins or surging profits. A single rumor reshuffled the entire bearish case overnight, and now the stock sits exactly at Wall Street's consensus target with nowhere obvious to go.