TSLA stock has a large short interest, but don’t expect a short squeeze.Short squeezes have been all the rage on Wall Street in 2021. But even with its massive short interest, traders shouldn’t expect a short squeeze fromTesla. GameStop andAMC Entertainment are just two examples of stocks that skyrocketed this year thanks to short squeezes. Short sellers have always liked TSLA stock. But it takes more than just a large amount of short interest to trigger a short squeeze.The most important factor
Tesla Stock Gets No Help From Record Deliveries. Here’s What Wall Street Thinks.
Tesla posted record deliveries for the second quarter,but investors shrugged.The latest numberswere closeto Wall Street estimates, and mark the fourth straight quarter of record deliveries for the rapidly growing EV pioneer. Still, Tesla bulls on Wall Street remained enthused.Tesla delivered 201,250 cars in the second quarter, but its stock was down about 0.3% in recent trading, after bobbing up and down Friday. TheS&P 500andDow Jones Industrial Averagewere up about 0.6% and 0.4% respectively.Ba