[mitchellgoffpc]

Well, short interest in Tesla has decreased significantly over the past six months, from over 40% of the float in June 2019, to under 20% in December 2019. As more and more short sellers choose (or are forced) to close their positions, they drive the value of the stock higher and make it harder for other shorts to maintain their positions. With 20% of the float still sold short, I personally don’t think $TSLA has hit its peak yet, although the stock price will probably recede as short interest approaches normal levels (1-2% of the float)

[xkjkls]

If they are still a company still trading at the multiples they are, short interest is never going to be 1-2%

[mitchellgoffpc]

Yeah probably true, I did say “approaches” though! My guess is that short interest will eventually drop below 5% over the next couple years if Tesla continues to perform well and grow their revenue stream, but we’ll see.