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Tesla [TSLA] Short Sellers Have Lost $1 Billion In 2018

Tesla [NASDAQ: TSLA] has been confounding Wall Street's naysayers for years, and 2018 has not departed from that trend. According to Schaeffer's Investment Research, "Tesla stock was trading near its highest levels since late October earlier — topping out at $349 — after JPM reported on the company's private investor meeting at the Detroit Auto Show. The brokerage firm said TSLA's head of investment relations indicated Model 3 production will reach 1,000 cars per week this month — an increase from fourth-quarter numbers, with the recent bottleneck issues resolved.
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