Sugar High or New Baseline Is $TSLA going up forever

From FutureAZA.

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Links from today’s show:
Tesla (TSLA) CEO Elon Musk has sent a warning to Bill Gates and the EV maker’s short sellers for holding a position against the company. "Once Tesla fully solves autonomy and has Optimus in volume production, anyone still holding a short position will be obliterated," Musk posted on X/Twitter. "Even Gates."
https://www.nasdaq.com/articles/elon-musk-warns-bill-gates-tesla-short-sellers

Tesla shares surged 8% on Friday, pushing the company’s market cap past $1 trillion. The stock has been on a tear this week as investors bet that Tesla and CEO Elon Musk will benefit from a potential Trump administration. Musk was Trump’s most vocal promoter on the campaign trail and contributed more than $130 million to help him win the election.
https://www.cnbc.com/2024/11/08/tesla-hits-1-trillion-market-cap-as-stock-rallies-after-trump-win.html

Hedge funds shorting Tesla just lost more than $5 billion. Hedge funds that had short positions against Tesla between election day and Friday’s close took an on-paper hit of at least $5.2 billion, according to Bloomberg calculations based on data compiled by S3 Partners.
https://fortune.com/2024/11/10/tesla-stock-tsla-short-sellers-loss-5-billion-trump-election-elon-musk/

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