Increasing short volume on Tesla stock
With investors all around the world blaming Elon Musk for manipulating the crypto market resulting to many losing their savings, Wallstreetbets community are starting a war against Elon Musk by shorting Tesla inc. stocks.
Last night Elon tweeted a troll tweet against $AMC which fuel more anger.
Given the overpriced P/E ratio, war against use of electricity and Elon’s constant probes on Twitter, will we see Tesla reach $300 within next month and $90 as per JP Morgan’s price valuation?
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Morgan Stanley Says Risk of Tesla Shares Is Not Owning Them
By Esha Dey and Joe Easton
8 April 2021, 12:15 AM SGT