Is the bottom in?, page-1492

Stock head today
Cathie still believes that by 2029, Tesla stock will be up about 1,400% to US$2,600 per share.
That’s a prediction almost entirely based on TSLA’s non-existent robotaxis.The EV maker accelerated by more than 16% on the day and then 27% for the week entire.That was enough to make up for all of its slow burn losses accrued over 2024 so far. Tesla shares have jumped around 75% in the past eight weeks.According to data firm S3 Partners, TSLA short sellers lost more than US$3.5bn last week.
Moreover, the report says that short interest in Tesla stock currently stands at 3.5%, or 97 million shares shorted, with a notional value of $22.4 billion.“Once Tesla fully solves autonomy and has Optimus in volume production,” Musk wrote on X, “anyone still holding a short position will be obliterated.
And just in, more good news for Elon out of Australia.Just released: 1H EV sales in Australia:
1.Tesla Model Y: 12,516
2.Tesla Model 3: 10,600