Tesla Directors Settles Shareholder Lawsuit over SolarCity Acquisition

In a note, S3 Analytics Managing Partner Thor Dusaniwsky stated, “Shorts were trampled by a Tesla Semi as its stock price rose +9% within the first 5 minutes of trading and had little chance to close out positions at anywhere near yesterday’s closing price. Tesla’s short squeeze will probably shift into a higher gear as some short-sellers re-evaluate their short thesis and begin to trim or close out their short exposure.”