Here's Where Tesla and Its Shorts StandBy
Where Tesla Motors Inc.’s shares -- and shorts -- go next will soon be determined. The maker of the $75,000-and-up Model S sedan posts first-quarter earnings after the close of markets Wednesday, and consensus estimates call for its only operating loss of the year. For the record: short interest in Elon Musk’s company fell 10 percent to 29 million shares on their last settlement date of April 15, likely a reflection of covering as the stock almost doubled over nine weeks.
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