Why did shorts target Tesla?
Hedge funds will target anywhere there is an opportunity, if MNS has a manufacturing hiccup or any negative news, hedge funds can exploit this to drive the price down, shorting the stock and driving the price lower.
Have a look at Jim Cramer talking about hedge funds and their dirty tricks
Also the opposite can be true, the price can also explode, as the US market is huge compared to the ASX
My sentiment with the US market is that it is filled with more corruption than the AU market.
Should we list in the US market? If management is confident, yes we should, if they have concerns, let's wait a bit longer.
Ann: New York Battery Plant Annual Capacity Increased - 1.8GWh, page-137
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