Tesla is a dynamic Aconex customer really- and currently has a new factory at Fremont, California, planned for production of its model Y SUV- which is due by 2019.
The company itself has never actually made a profit, but shares are currently at a sky high US$315, with around a$53 bn market cap. That's down 15% from its $371 peak, but of course, before that, the sp had risen 80% in 2017.
The company has been heavily shorted in the past. Not surprisingly, short positions have fallen dramatically recently, with shorters finally being able to take some money off the table, after being smashed for most of the year. They don't always get it right, it seems. Overnight in NY, the Tesla sp was up $2.55
------------------------------------------------------------------------------------------------------------- This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.
