Musk tweeted an Investopedia article which says that more people are betting against his company than any other, despite Tesla shares rising week-on-week.
These guys want us to die so bad they can taste it
— Elon Musk (@elonmusk) June 8, 2017
The newly released figures, from financial analytics firm S3 Partners, show that Tesla now has a short interest of $10.4 billion.
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For the second week in a row, investors betting against Tesla have a chalked up a combined market loss of $442 million. This year to date, losses have surpassed the $5 billion mark, reports Investopedia.
The Tesla founder poked fun at the short investors, suggesting the company’s performance was driving them to target a “voodoo doll” in his likeness.
Just wish they would stop sticking pins in voodoo dolls of me. That hurts, ok?
— Elon Musk (@elonmusk) June 8, 2017
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Furthermore, it appears the “voodoo dolls” won’t be going away anytime soon, as the anticipated release of Tesla’s Model 3 is only projected to improve the company’s share prices.
Article source: https://www.rt.com/business/391433-elon-musk-tesla-shares/?utm_source=rss&utm_medium=rss&utm_campaign=RSS
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