Wall Street Pulls Support from Tesla (NASDAQ:TSLA)
By Paul Ebeling on July 6, 2018
*** The niceties have been abandoned when it comes to Tesla, where Elon Musk has fought a pitched and public fight with Bears over the M3, his attempt to put EVs into the driveways of mainstream consumers.
Short interest is 25% of the stock’s public float and Mr. Musk has repeatedly gone back to investment banks to seek billions of dollars after burning through cash at rates that have raised concern among a growing number of investors.
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