
$Tesla(TSLA.US) Dan Ives mentioned regarding Tesla and Trump: "The launch of the autonomous Cybercab could accelerate by 2-3 years, which alone could increase the valuation by $1 trillion."
He believes that in the next 12-18 months, Tesla's market value could conservatively reach $2 trillion, corresponding to a stock price of over $600. "Musk's bet on Trump is the key to changing the game."
According to reports, since Trump's victory, Musk has been seen almost daily at Trump's estate! Musk frequently dines with Trump, meets world leaders, and more importantly, participates in government personnel arrangements, often expressing his views on the best candidates for certain positions! It can be said that Musk is almost managing the country now.
According to the latest data from S3 Partners, Tesla short sellers have lost over $2.6 billion today. Due to the short squeeze triggered by the rebound, it is expected that short sellers will continue to cover, forcing the 2.4 million shares shorted in the past month to be closed out.
Since Trump won the election last week, the total losses for short sellers have approached $8 billion, and after Tesla's third-quarter earnings report was released, the losses have approached $13 billion.
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