the weakest legacy auto GM has more than 1,000 times the capital of Tesla. right now GM kept frantically busy repairing Tesla cars in US, Europe and China kakakakakakakakakaka :)
companies like VW have more than 5,000 times the capital of Tesla
(Reuters) - Traders who have sold Tesla Inc shares short have lost about $6.08 billion on a mark-to-market basis during the electric car maker's current winning streak, according to the latest data from S3 Partners.
Tesla's current rally, which will span 11 sessions if it closes Friday's session higher, has the stock up around 35% since May 24.
Investors who sell securities 'short' borrow shares and then sell them, expecting the stock to fall so they can buy the shares back at the lower price, return them to the lender and pocket the difference.
And Tesla is the largest short in the world, according the S3's head of predictive analytics Ihor Dusaniwsky, who says $22.43 billion worth of Tesla shares have been sold short.
But even as Tesla's shares have risen short sellers have been adding to their bets since April "as short sellers were not convinced the long buying price support would continue and a price retracement would be inevitable," Dusaniwsky said.
Traders have shorted 15.3 million new Tesla shares, worth $3.6 billion, in 2023. And in the past thirty days bearish bets expanded further, with 1.3 million more shares worth $303 million, sold short, representing a roughly 1.4% increase even as Tesla's stock price rose 39%, Dusaniwsky said.
Tesla shares on Friday traded up 4.06% at $244.4 after earlier hitting its highest level since early October.
Ark Invest CEO Cathie Wood has a $2,000 price target for Tesla in 2027 Cathie Wood, Ark Invest CEO, joins ‘Closing Bell: Overtime’ to discuss Tesla after the company’s shares tumble after reporting its earnings. THU, APR 20 20235:23 PM EDT
in case you did not know most have no idea coz brain washed by Cult God GM EV technology is best of class and way ahead of Tesla since 1996 commercial production vs Tesla incorporation year 2003.
both GM battery and engine is way more advanced than Tesla
This information is censored for all EV Cult God followers
General Motors has made several announcements related to its electric vehicle battery production and technology in 2022. The company claims to have created a new battery that offers up to 400 miles of range and will be cheaper to produce1. It also invested in a Canadian battery recycler to reuse recovered battery materials2. It plans to build three more EV battery factories in the US by 2025, with enough capacity to support 5 million EVs34. It is also constructing a new battery research facility in Michigan to pursue longer-lasting, quicker-charging, and more sustainable batteries
This information is censored for all EV Cult God followers
Today, at the 2021 Mackinac Policy Conference, General Motors president Mark Reuss revealed GM’s group of three all-new motors that will power its Ultium-based EVs. Here are the three new electric motors: 180 kW front-drive permanent magnet motor 255 kW rear- and front-drive permanent magnet motor 62 kW all-wheel drive assist induction motor
GM says that its new power electronics will have “as much as 50% less mass and volume” than what is found in their current EVs while having “as much as 25% more capability.”
Satanic Accuser MikeCheatYouCrazy self confessed paedophile, always at Jalan Alor massage parlour where those small boys are.
Satanic Accuser work 24/7/265 accuses sslee accuses leno accuses raider accuses Ularcacing accuses tut tut accuses PSAi3alert accuses Bobaxelrod accuses Kon Mabell accuses Bon888 aka Felix888 accuses Calvin Tan
accuses 99.99% in i3 forum
Revelation 12:10 Then I heard a loud voice in heaven, saying,“Now the salvation, and the power, and the kingdom of our God and the authority of His Christ have come, for the accuser of our brethren has been thrown down, he who accuses them before our God day and night.
so Satanic Accuser MikeCheatYouCrazy still doing doing accuser works 24/7/365
if you look carefully at Satanic Accuser MikeCheatYouCrazy self confessed paedophile work in i3forum,,,,,,,
there are hundreds if not thousands of people that this Satanic Accuser had accused and is still doing Satanic Accusations 24/7/365
some people like Ularcacing and Kon Mabell enjoy his accusations and call him Sifutt instead. :)
Revelation 12:10 Then I heard a loud voice in heaven, saying,“Now the salvation, and the power, and the kingdom of our God and the authority of His Christ have come, for the accuser of our brethren has been thrown down, he who accuses them before our God day and night.
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UlarSawa
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Posted by UlarSawa > 2023-06-10 13:20 |
Post removed.Why?