
Tesla, Inc. (NASDAQ:TSLA) shares have been locked in depressed levels since the rally seen in the first half of the year. The lackluster phase reflects the company’s fundamentals, which have suffered amid an inclement economy and Tesla’s aggressive pricing-cutting spree.
It therefore doesn’t come as a surprise that bearish bets on the stock abound on Wall Street. Tesla’s Elon Musk on Thursday came down hard on the short-sellers in a post on X.