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Tesla last week reported a $105m profit for the fourth quarter and said it expected to increase sales by more than a third this year. The Silicon Valley carmaker said it expected the first deliveries of its next car, the Model Y sports utility vehicle, before April. The company had previously targeted production to begin by the summer.
But yeah. I agree with you.
This is interesting:
According to data analysts S3 Partners, 18% of Tesla’s shares are controlled by short-sellers – more than any other US stock.
hugo7
@Stonehedge
Don't really have anything to say about Musk on this but for a company that has never made a profit, lost the thick end of a billion last year, is facing hugely increased competition and has only recently managed to hit it's own production targets and has question marks over product quality, the reason for this value pump is a little lost on me.