Investor's Corner
Tesla becomes 4th-largest US short amid countdown for Q3’s earnings
Earlier this year, Tesla stock (NASDAQ:TSLA) held the title of being the most-shorted company in the US stock market. But at the end of August, Tesla became second to Amazon as the US’ most-shorted stock, before being overtaken by Apple in early September. On Tuesday, Tesla’s place in the list fell again, putting the carmaker directly behind e-commerce behemoth Amazon (NASDAQ:AMZN), tech giant Apple (NASDAQ:AAPL), and chipmaker Qualcomm (NASDAQ:QCOM). With this, Tesla has now become the 4th-largest short in the US market.
The recent updates on Tesla’s short interest were posted yesterday by S3 Partners LLC Managing Director of Predictive Analytics Ihor Dusaniwsky. The S3 Partners exec noted that Tesla’s short interest is currently at $8.16 billion with 32.58 million shares shorted, corresponding to 25.55% of the company’s float. Dusaniwsky stated that over the past week, 1.2 million shares were covered amidst the steep 17% drop in TSLA stock. Tesla shorts are also up $416 million in mark-to-market profits.
$TSLA short interest is $8.16 billion, the 4th largest U.S. short behind $AAPL, $AMZN & $QCOM; 32.58 million shares shorted; 25.55% of float. 1.2 million shares covered over the last week as #Tesla's stock price fell 17%. Shorts up $416 million in mark-to-market October profits pic.twitter.com/5iXW8KWpvB
— Ihor Dusaniwsky🇺🇦 (@ihors3) October 9, 2018
Tesla stock saw a sharp decline last week when Elon Musk courted renewed controversy by posting a series of tweets critical of the Securities and Exchange Commission. Musk tweeted against the SEC on Thursday, at a time when Tesla stock was already down 4.4%. After Musk posted his criticism of the agency on Twitter, Tesla shares dipped 2% more. The following trading days were equally cruel to TSLA, with the stock ending Monday at a nearly 18-month low. The electric car maker showed some recovery on Tuesday, though, with shares rising 4.89% amidst a positive note from Macquarie Capital Inc, which gave Tesla an Outperform rating and a price target of $430 per share.
Despite its lower rankings in the list of most-shorted companies in the US market, Tesla remains a heavily-shorted stock. That said, the number of TSLA shares held short today is considerably lower than May’s figures, when Tesla had 39 million shares were held short – the highest in the company’s history. TSLA short interest has mostly decreased since then, recently falling to just 32.58 million shares as of Tuesday.
The apparent decline in Tesla’s short interest comes as the countdown for the release of Tesla’s Q3 2018 earnings report continues. Tesla had ambitious targets in the third quarter, as the company aimed to produce and deliver more than 50,000 Model 3 from July to September – a goal that was achieved. That said, while Tesla was able to set new delivery and production records in Q3, it remains to be seen if the company was able to turn a profit – target set by Elon Musk earlier this year.
A critical factor that can contribute to Tesla’s earnings in Q3 would lie in the Model 3, the company’s first attempt at a mass-market car. That said, if the company’s Q3 production and delivery figures are any indication, it appears that Q3 was the quarter when the Model 3 ramp started hitting its stride. Less than 48 hours before Q3 ended, Elon Musk even sent an email to Tesla employees, encouraging them to push harder since the company was “very close to profitability.”
“We are very close to achieving profitability and proving the naysayers wrong, but, to be certain, we must execute really well tomorrow (Sunday). If we go all out tomorrow, we will achieve an epic victory beyond all expectations,” Musk wrote.
This November, the market would see if Tesla achieved the “epic victory” that Elon Musk teased in his email. Despite the controversy stirred by Musk on Twitter, after all, Tesla’s fundamentals appear to be steadily improving.
Investor's Corner
Tesla gets its best analysis from Morgan Stanley as ‘it’s all about to change’
He maintained its ‘Overweight’ rating and the $410 price target Morgan Stanley had on the stock.
Tesla has gotten perhaps its best analysis from Morgan Stanley in quite some time, as the Wall Street firm claims that “it’s all about to change.”
That phrase could be used for both the company’s status and the world in general.
Analyst Adam Jonas said in a new note on Thursday to investors that Tesla could be one of the major winners in terms of the global transition from what it is now to what it will be.
He describes the global shift that will occur over the next few years:
“Have you interacted with a robot today? Have you even seen a robot today? No? Well, take a mental picture because it’s all about to change. When we meet someone who has never been in a Waymo or a Tesla Cybercab (which is most people), we frequently see a wince and a response such as ‘I’m not sure I’d feel comfortable getting in a car without a driver.’ We imagine going back in time to 1903 and asking people if they’d feel comfortable in an airplane.’”
The same technological revolutions that have occurred over the past 150 years will continue to occur again and again. We are on the verge of another, Jonas believes, as companies like Tesla are working on artificial intelligence tech, which includes changing the way we look at things like transportation and labor.
Jonas includes an interesting tidbit in his note about how humanoid robots could change wages, and how it could work into the advantage of Tesla, especially as it is developing its own Optimus robot:
“We estimate 1 humanoid robot at $5/hour can do the work of 2 humans at $25/hour, generating an NPV of approximately $200k/humanoid. 1 robot shaped car can potentially drive down cost/mile of a ride share vehicle to <$0.20 mile (1/10th human-driven ride-share).”
Jonas sees Tesla as a key player in how AI will impact things like manufacturing and various automotive industries, and he believes there is long-term potential for AI, robomobility, and even autonomous eVTOL platforms.
Tesla stock: Morgan Stanley says eVTOL is calling Elon Musk for new chapter
He maintained its ‘Overweight’ rating and the $410 price target Morgan Stanley had on the stock.
Elon Musk
Tesla stock gets crazy prediction from CEO Elon Musk
Musk says this is what it would take to be a millionaire from a Tesla investment right now.
Tesla stock (NASDAQ: TSLA) got a crazy prediction from CEO Elon Musk recently, as the future of the company seems to be moving more toward AI, autonomy, and robotics, and away from automotive, which is what it has traditionally been recognized as.
Over the past few years, as Tesla has prioritized its Full Self-Driving suite, its rollout of a dedicated Robotaxi program, and the development of the Optimus bot, the company has gained a new reputation from analysts.
It was always looked at as a stock with tremendous potential by many Wall Street firms, some more than others.
The most bullish analysts, like Cathie Wood of ARK Invest, believe the company will eventually reach a multi-trillion-dollar valuation and a share price of over $2,000. Her $2,600 price target does not include any contributions of Optimus. Instead, it leans on Full Self-Driving and Robotaxi.
Based on where the company is now, there are a lot of potential catalysts. The Robotaxi expansion, as well as affordable vehicles, its prowess in AI and Robotics, and its powerful energy division are all arguments for investment.
One X user said that a $150,000 investment in Tesla right now would likely make you a millionaire. Musk said he thinks that sentiment is “probably correct.”
I think this is probably correct
— Elon Musk (@elonmusk) August 5, 2025
He’s echoed this belief in recent earnings calls, including the one for Q2, which happened in July:
“I do think if Tesla continues to execute well with vehicle autonomy and humanoid robot autonomy, it will be the most valuable company in the world. A lot of execution between here and there. It doesn’t just happen. Provided we execute very well, I think Tesla has a shot at being the most valuable company in the world. Obviously, I am extremely optimistic about the future of the company.”
Tesla is trading at $316.50 at the time of writing, and has a market cap of just under $1 trillion.
Elon Musk
Tesla stock gets another analysis from Jim Cramer, and investors will like it
“Tesla is morphing right now. It’s in transition from being a car company to being a technology company.”
Tesla stock (NASDAQ: TSLA) got its latest analysis from Jim Cramer, and investors will like what he has to say.
Cramer has flip-flopped his thoughts on Tesla shares many times over the years. One time, he said CEO Elon Musk was a genius; the next, he said Ford stock was a better play. He’s always changing his tune.
However, Cramer’s most recent analysis is of a bullish tone, as he talks about the company’s evolution from an automaker to a tech powerhouse. He made the comments on CNBC’s Mad Money:
“Tesla is morphing right now. It’s in transition from being a car company to being a technology company. You wanna be in there because the tech is worth a lot more than what it’s selling for right now. Don’t care where you bought it, care where it’s going to.”
Jim Cramer last night on $TSLA: “Tesla is morphing right now. It’s in transition from being a car company to being a technology company. You wanna be in there because the tech is worth a lot more than what it’s selling for right now. Don’t care where you bought it, care where… pic.twitter.com/WzlPdQD7gq
— Sawyer Merritt (@SawyerMerritt) August 5, 2025
Tesla has always been looked at by the mainstream media as an automaker. While that is its main business currently, Tesla has always had other divisions: Energy, Solar, Charging, AI, and Robotics. Some came after others, but the important point is that Tesla has not been an automaker exclusively for a decade.
It launched Powerwall and Powerpack in April 2015, marking the start of Tesla Energy.
But Cramer has a point here: Tesla is truly becoming much more than a car company, and it is turning into an AI and overall tech company more than ever before. Eventually, it will be recognized as such, more so than it will be as an automotive company.
Cramer’s comments also follow a recent prediction by Musk, who stated on X that he believes a $150,000 investment in Tesla shares right now would eventually turn someone into a millionaire:
I think this is probably correct
— Elon Musk (@elonmusk) August 5, 2025
Musk has said he believes Tesla could be headed to a serious increase in valuation. Eventually, it could become the most valuable company in the world. He said this during the Q2 Earnings Call:
“I do think if Tesla continues to execute well with vehicle autonomy and humanoid robot autonomy, it will be the most valuable company in the world. A lot of execution between here and there. It doesn’t just happen. Provided we execute very well, I think Tesla has a shot at being the most valuable company in the world. Obviously, I am extremely optimistic about the future of the company.”
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