Tesla: A Bull or Bear Market?

Tesla’s short percent of float has fallen 5.75% since its last report, with 59.61 million shares sold short, which is 2.13% of all regular shares available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average.

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Tesla Cybercab to Abandon Stainless Steel and Paint for Unique Gold Finish

Tesla Inc.’s dedicated robotaxi offering, the Cybercab, will not feature stainless steel panels like the Cybertruck. Instead, the company is developing a new process to create a unique gold finish. According to senior company executive Lars Moravy, the stainless steel used on the Cybertruck is not suitable for the Cybercab’s design, as it does not allow for curves or structures beyond the angular design of the Cybertruck.

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