This caption has a good explanation https://www.instagram.com/p/B8Jot-JJEEo/
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"Six months ago, roughly 25% of all the shares outstanding were being borrowed by short-sellers and sold. These shares must be replaced by the short-seller buying them back (or covering their short), which would be profitable if the stock had declined."
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Bigger story. As globalism dies, hot money will chase fewer and worst domestic buying options.
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worse
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Just a stock that's catching up to its real potential after being unnaturally compressed by the fear of the unknown.
$TSLAThanks. Twitter will use this to make your timeline better. UndoUndo
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does this mean musk isn’t mad at the short sellers today?
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They announced a new car called "Tulip"
Thanks. Twitter will use this to make your timeline better. UndoUndo
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i think this is just the beginning ... just imagine the potential of autonomous EV ... looks like they are ahead
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Fact: Tesla has about 6-7 B data vs Waymo about 10-20 m. That is like 300X more data! and it is accelerating at exponential rate. deep learning works: 1 simple neural networks algorithm + tons and tons of fuckin data. Tesla has the only ASIC GPU so far, the rest use Nvidia.
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