I'm staying mum for the time being. It's Christmas in Melbourne, New Year in Sydney but soon enough, early, mid, late 2023 TSLA will bounce big. And I will be back quoting the nonsense with a vengeance!
No business owner likes them unless they want to buy their own stock back. I don't see the problem of short sellers promoting negative news, as long as they are true. After all the business owners are usually fudging the numbers or painting with a pink brush. Nowadays everybody is a journalist...
Musk has already said that TSLA would buyback its shares. I am sure the news of the short sellers trying to teach him a lesson over TWTR got to him. He will no doubt do everything to make TSLA go higher if only to spite those who hate his guts. A fine way to have your cake and eat it too.
But getting less and less overvalued by the day. I'll probably be a buyer, but it will be trading somewhere below $30 at that point.