Palantir Chair Peter Thiel Praises Elon Musk's Risk-Taking Ability, Regrets Not Investing In Tesla: 'There's Something About Risk He Knows That We Don't'
Billion entrepreneur Elon Musk on Thursday shared a video snippet on X of Palantir Technologies co-founder Peter Thiel applauding his penchant for risk. Thiel's The Founders Fund is among the backers
This Tesla Bull Won't 'Blindly Change' His Position And Resume Buying The Stock Despite Recent Upside: 'We'd Wait Until After...'
Tesla Inc. (NASDAQ:TSLA) has been on an uninterrupted rally since June 25, gaining 35% in just seven sessions. Despite this, the recent surge has not evinced confidence in a fund manager who substanti
AI Has 'The Hallmarks Of An Inflating Bubble,' Warns Veteran Wall Street Investor
Signs are emerging that the market boom surrounding artificial intelligence (AI) might be taking on the characteristics of a bubble.
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Shorting tesla results in a tragic loss! Stock prices have risen by 17% for two consecutive days, leaving the short position with a floating loss of 3.5 billion US dollars.
Tesla's new car delivery report for the second quarter, released this week, is better than expected, which is bad news for short interest in the company. According to data from S3 Partners, the stock has risen about 17% in the two trading days since the delivery report was released in the second quarter, and Tesla's short sellers have lost approximately $3.5 billion at market prices. Looking at a longer period of time, Tesla's stock price has soared by more than 70% since it hit bottom in April this year, which has been painful for short sellers. Currently, Tesla's short interest accounts for 3.5% of its outstanding shares, with a short interest of 97 million shares and a nominal value of $22.4 billion.
10 Consumer Discretionary Stocks Whale Activity In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan