Tesla Stock Is on a Tear. Watch for This Level as Short Sellers Get Burned.



Tesla


stock is flying as short sellers scramble to close out bets that the price would fall. Investors should watch a key level when asking themselves how long can the run will continue.

On Monday,


Tesla


(ticker: TSLA) shares were up 7.4% at $143.30. Shares are now up more than 16% so far in 2023.