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Tesla Employees Still Love Elon Musk Even After They're Laid Off

4 monthes ago   |   By

Good morning! Welcome to The Morning Shift , your roundup of the auto news you crave, all in one place every weekday morning. Here are the important stories you need to know.
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Tesla has surged more than 20% since Elon Musk warned of the 'short burn of the century'

Tesla has surged more than 20% since Elon Musk warned of the 'short burn of the century'

4 monthes ago   |   By

Joe Skipper/Reuters
Tesla CEO Elon Musk said in early May that the "short burn of the century comin soon."
Since his tweet, shares have risen more than 20%.
Still, short-sellers have upped their bets against the stock.
Watch Tesla trade in real-time here.
Elon Musk appears to have made good on his promise of the "short burn of the century" - at least for now.
Since Tesla 's chief executive tweeted the warning to short sellers, shares of his electric-car maker have risen by just over 21% from $283 to close at $344.78 on Thursday. See the rest of the story at Business Insider NOW WATCH...
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