TSLA Stock Just Popped Despite Hedge Fund Diss. Here’s Why.

InvestorPlace2022-02-16

Tesla’s(NASDAQ:TSLA) recent winning streak continued today. It seems the electric vehicle (EV) producer is determined to maintain its place at the front of the pack. In fact, Tesla seems so determined...

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Comment（24）

Frosty4ever
·2022-02-17
Number is shares they hold is big for small investor as for hf position isn't a big deal. Hf also move in and out depending on their own agenda. One sells and another buys. Who do you believe? Do your own dd.
Reply
2
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Agni
·2022-02-16
Still overpriced. Be careful
Reply
4
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traveleat123
·2022-02-16
Buy $Tesla Motors(TSLA)$ if you believe they can create even more next generation vehicles. I only bought fractional shares as it is out of my budget. Hope one day I can own full shares so I can reap in the profits and in turn bless my father with my profits as he is getting old (75 years old).
Reply
12
Report
Moonshot
·2022-02-16
We don't fight against the mega trend instead, we should surf on the trend and benefit from it. EV is part of the greater strategy to de-carbonise the world economy hence not just TSLA will be having heady valuation but the rest of the EV herds as well.
Reply
3
Report
PP_July
·2022-02-16
Good
Reply
2
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awzh
·2022-02-16
Hoora $Tesla Motors(TSLA)$
Reply
7
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Steven Tay
·2022-02-16
Ok
Reply
Like
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time to eat
·2022-02-16
Just buy
Reply
2
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Skyline07
·2022-02-16
Got pop meh..?
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AiChee
·2022-02-16
Great stock
Reply
7
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All in Tesla
·2022-02-16
Tesla is a long term hold and will outperform in years to come 🚀🚀🚀
Reply
10
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Maky
·2022-02-16
Does its refusal to fall means heavier drop later? After all, mini corrections along the way is healthier than one line up.
Reply
6
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Universe宇宙
·2022-02-16
This news doesn't sound good, but it hasn't hurt TSLA stock. In fact, shares closed higher by more than 5% today.$Tesla Motors(TSLA)$
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14
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LeeWan
·2022-02-16
Ok
Reply
5
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LuckyLee
·2022-02-16
Good
Reply
6
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DMC8899
·2022-02-16
Nice .
Reply
4
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NareshwG
·2022-02-16
Awesome
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4
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Henryee18
·2022-02-16
V-Shape is coming!
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5
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Heng08
·2022-02-16
Like pls
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6
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har888
·2022-02-16
🚀 🚀 🚀
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3
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Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-16 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/02/tsla-stock-just-popped-despite-hedge-fund-diss-heres-why/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla’s(NASDAQ:TSLA) recent winning streak continued today. It seems the electric vehicle (EV) producer is determined to maintain its place at the front of the pack. In fact, Tesla seems so determined...</p>\n\n<a href=\"https://investorplace.com/2022/02/tsla-stock-just-popped-despite-hedge-fund-diss-heres-why/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://investorplace.com/2022/02/tsla-stock-just-popped-despite-hedge-fund-diss-heres-why/","article_id":"1178565287","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1178565287","pubTimestamp":1644975168,"columns":[],"sourceInfo":{"source_id":"lsy1606302653667","name":"InvestorPlace"},"weMediaInfo":null,"summary":"Tesla’s(NASDAQ:TSLA) recent winning streak continued today. It seems the electric vehicle (EV) producer is determined to maintain its place at the front of the pack. In fact, Tesla seems so determined","collect":0,"end_time":0,"defaultTopTitle":"investorplace.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"尽管对冲基金的批评，TSLA的股票刚刚飙升。原因如下。","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"Tesla’s(NASDAQ:TSLA) recent winning streak continued today. It seems the electric vehicle (EV) producer is determined to maintain its place at the front of the pack. In fact, Tesla seems so determined that it is shaking off bad news. Even a diss from a well-respected name on Wall Street hasn’t held TSLA stock back today.What’s Happening With TSLA StockRenaissance Technologies(RenTech) recently trimmed its position in TSLA. Founded by financial sector icon Jim Simons, RenTech is one of the best-performing hedge funds in history. It is credited with revolutionizing the way Wall Street trades through quantitative methods.This news doesn’t sound good, but it hasn’t hurt TSLA stock. In fact, shares closed higher by more than 5% today.Why It MattersRenaissance’s reduced stake in Tesla was confirmed by a U.S. Securities and Exchange Commission (SEC)filing earlier this week. Quantitative-driven hedge funds like Renaissance allow algorithms to dictate many of their trades, often making significant changes to their portfolios each quarter.And importantly, RenTech and its algorithms have been bullish on TSLA before. The third quarter of 2021 saw the fund quadruple its stake in the EV leader before reducing it in Q4. Renaissance also only reduced its Tesla stake by 9%, leaving it still with 743,000 shares, according to Markets Insider. For investors, this creates room for positive analysis. RenTech clearly still has faith in the company, it’s likely just looking to explore other opportunities.What Comes Next for TeslaToday should be reassuring for investors who remain bullish on TSLA stock. The company stood strong as Wall Street learned that one of the sector’s most important hedge funds cut its stake. Now, the stock may really be ready for a V-shaped bump, as predicted byInvestorPlacecontributor Chris Lau.Today is also a good reminder that Tesla can withstand seemingly every bearish update. Smaller and weaker stocks would have been pushed down by this type of news.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9094997507,"gmtCreate":1645046961891,"gmtModify":1676533989450,"author":{"id":"3583106134648492","authorId":"3583106134648492","name":"Frosty4ever","avatar":"https://community-static.tradeup.com/news/58fdf90023b13bdabb45b46bb0d645e1","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"authorIdStr":"3583106134648492","idStr":"3583106134648492"},"htmlText":"Number is shares they hold is big for small investor as for hf position isn't a big deal.&nbsp; Hf also move in and out depending on their own agenda.&nbsp; One sells and another buys. Who do you believe? Do your own dd.&nbsp;","listText":"Number is shares they hold is big for small investor as for hf position isn't a big deal.&nbsp; Hf also move in and out depending on their own agenda.&nbsp; One sells and another buys. Who do you believe? Do your own dd.&nbsp;","text":"Number is shares they hold is big for small investor as for hf position isn't a big deal. Hf also move in and out depending on their own agenda. One sells and another buys. Who do you believe? Do your own dd.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094997507","repostId":1178565287,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094059055,"gmtCreate":1645025613566,"gmtModify":1676533988154,"author":{"id":"3577801624894369","authorId":"3577801624894369","name":"Agni","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3577801624894369","idStr":"3577801624894369"},"htmlText":"Still overpriced. Be careful","listText":"Still overpriced. Be careful","text":"Still overpriced. Be careful","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094059055","repostId":1178565287,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094084028,"gmtCreate":1645022727971,"gmtModify":1676533987502,"author":{"id":"4098682592538030","authorId":"4098682592538030","name":"traveleat123","avatar":"https://community-static.tradeup.com/news/97a95205f615c20a20177e08a1f0cd4e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4098682592538030","idStr":"4098682592538030"},"htmlText":"Buy <a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>&nbsp; if you believe they can create even more next generation vehicles. I only bought fractional shares as it is out of my budget. Hope one day I can own full shares so I can reap in the profits and in turn bless my father with my profits as he is getting old (75 years old).","listText":"Buy <a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>&nbsp; if you believe they can create even more next generation vehicles. I only bought fractional shares as it is out of my budget. Hope one day I can own full shares so I can reap in the profits and in turn bless my father with my profits as he is getting old (75 years old).","text":"Buy $Tesla Motors(TSLA)$ if you believe they can create even more next generation vehicles. I only bought fractional shares as it is out of my budget. Hope one day I can own full shares so I can reap in the profits and in turn bless my father with my profits as he is getting old (75 years old).","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094084028","repostId":1178565287,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9094019684,"gmtCreate":1645020445815,"gmtModify":1676533987016,"author":{"id":"4087182159149440","authorId":"4087182159149440","name":"Moonshot","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"4087182159149440","idStr":"4087182159149440"},"htmlText":"We don't fight against the mega trend instead, we should surf on the trend and benefit from it. EV is part of the greater strategy to de-carbonise the world&nbsp;economy hence not just&nbsp;TSLA will be having heady valuation&nbsp;but&nbsp;the rest of the EV herds as well.&nbsp;","listText":"We don't fight against the mega trend instead, we should surf on the trend and benefit from it. EV is part of the greater strategy to de-carbonise the world&nbsp;economy hence not just&nbsp;TSLA will be having heady valuation&nbsp;but&nbsp;the rest of the EV herds as well.&nbsp;","text":"We don't fight against the mega trend instead, we should surf on the trend and benefit from it. EV is part of the greater strategy to de-carbonise the world economy hence not just TSLA will be having heady valuation but the rest of the EV herds as well.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9094019684","repostId":1178565287,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095746586,"gmtCreate":1645007720625,"gmtModify":1676533985630,"author":{"id":"4088337047102210","authorId":"4088337047102210","name":"PP_July","avatar":"https://static.tigerbbs.com/21aefc37510e26b85253584fcd0c461f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4088337047102210","idStr":"4088337047102210"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095746586","repostId":1178565287,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095711733,"gmtCreate":1644989142312,"gmtModify":1676533984208,"author":{"id":"4101101662246600","authorId":"4101101662246600","name":"awzh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4101101662246600","idStr":"4101101662246600"},"htmlText":"Hoora <a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>","listText":"Hoora <a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>","text":"Hoora $Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095711733","repostId":1178565287,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095736214,"gmtCreate":1644986820439,"gmtModify":1676533983907,"author":{"id":"4099285253763630","authorId":"4099285253763630","name":"Steven Tay","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4099285253763630","idStr":"4099285253763630"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095736214","repostId":1178565287,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095739427,"gmtCreate":1644985802920,"gmtModify":1676533983805,"author":{"id":"3583412008066274","authorId":"3583412008066274","name":"time to eat","avatar":"https://static.tigerbbs.com/c3d6a537cecde2d1daeefa1dd8ff6f99","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3583412008066274","idStr":"3583412008066274"},"htmlText":"Just buy","listText":"Just buy","text":"Just buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095739427","repostId":1178565287,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095798644,"gmtCreate":1644984077882,"gmtModify":1676533983641,"author":{"id":"3579940642625678","authorId":"3579940642625678","name":"Skyline07","avatar":"https://static.tigerbbs.com/b01117aa4b64192bca4c5ff4fff6b572","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"3579940642625678","idStr":"3579940642625678"},"htmlText":"Got pop meh..?","listText":"Got pop meh..?","text":"Got pop meh..?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095798644","repostId":1178565287,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095459448,"gmtCreate":1644976886089,"gmtModify":1676533982484,"author":{"id":"3566631470841362","authorId":"3566631470841362","name":"AiChee","avatar":"https://static.tigerbbs.com/cf64faf9af854b974789eb0c5f58b7e2","vip":1,"crmLevel":3,"crmLevelSwitch":1,"authorIdStr":"3566631470841362","idStr":"3566631470841362"},"htmlText":"Great stock&nbsp;","listText":"Great stock&nbsp;","text":"Great stock","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095459448","repostId":1178565287,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095450325,"gmtCreate":1644976677945,"gmtModify":1676533982438,"author":{"id":"3577580366301047","authorId":"3577580366301047","name":"All in Tesla","avatar":"https://community-static.tradeup.com/news/8db11f6e6a9a2a52850e734188850dc2","vip":1,"crmLevel":9,"crmLevelSwitch":1,"authorIdStr":"3577580366301047","idStr":"3577580366301047"},"htmlText":"Tesla is a long term hold and will outperform in years to come 🚀🚀🚀","listText":"Tesla is a long term hold and will outperform in years to come 🚀🚀🚀","text":"Tesla is a long term hold and will outperform in years to come 🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095450325","repostId":1178565287,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095427580,"gmtCreate":1644976543801,"gmtModify":1676533982453,"author":{"id":"4097760012234950","authorId":"4097760012234950","name":"Maky","avatar":"https://static.itradeup.com/news/623d907d0a6cc27a289b9744092f6eef","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4097760012234950","idStr":"4097760012234950"},"htmlText":"Does its refusal to fall means heavier drop later? &nbsp;After all, mini corrections along the way is healthier than one line up. &nbsp;","listText":"Does its refusal to fall means heavier drop later? &nbsp;After all, mini corrections along the way is healthier than one line up. &nbsp;","text":"Does its refusal to fall means heavier drop later? After all, mini corrections along the way is healthier than one line up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095427580","repostId":1178565287,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095427232,"gmtCreate":1644976501678,"gmtModify":1676533982430,"author":{"id":"3585001294737518","authorId":"3585001294737518","name":"Universe宇宙","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3585001294737518","idStr":"3585001294737518"},"htmlText":"This news doesn't sound good, but it hasn't hurt TSLA stock. In fact, shares closed higher by more than 5% today.<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>","listText":"This news doesn't sound good, but it hasn't hurt TSLA stock. In fact, shares closed higher by more than 5% today.<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a>","text":"This news doesn't sound good, but it hasn't hurt TSLA stock. In fact, shares closed higher by more than 5% today.$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095427232","repostId":1178565287,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095425220,"gmtCreate":1644976195475,"gmtModify":1676533982382,"author":{"id":"3558097748623340","authorId":"3558097748623340","name":"LeeWan","avatar":"https://static.tigerbbs.com/88769849d29a340fce73355c249755a4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3558097748623340","idStr":"3558097748623340"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095425220","repostId":1178565287,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095425649,"gmtCreate":1644976177179,"gmtModify":1676533982382,"author":{"id":"4096965820982980","authorId":"4096965820982980","name":"LuckyLee","avatar":"https://static.tigerbbs.com/fb5a2335048503ac3477b0e1acc9432d","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4096965820982980","idStr":"4096965820982980"},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095425649","repostId":1178565287,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095422270,"gmtCreate":1644976019813,"gmtModify":1676533982351,"author":{"id":"3579992296424941","authorId":"3579992296424941","name":"DMC8899","avatar":"https://static.tigerbbs.com/65aa8f5f6299558ce2ab36482793f750","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579992296424941","idStr":"3579992296424941"},"htmlText":"Nice .&nbsp;","listText":"Nice .&nbsp;","text":"Nice 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is coming!","listText":"V-Shape is coming!","text":"V-Shape is coming!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9095426619","repostId":1178565287,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9095426170,"gmtCreate":1644975762424,"gmtModify":1676533982328,"author":{"id":"4088201880010570","authorId":"4088201880010570","name":"Heng08","avatar":"https://community-static.tradeup.com/news/505153f04c3a6654891a2cb833a63f89","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"4088201880010570","idStr":"4088201880010570"},"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like 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