Tesla Inc (TSLA): Why This Bear Threw In The Towel

While its cars are near-universally praised, Tesla Inc (NASDAQ:TSLA) has plenty of detractors when it comes to its viability as a business model and investment. 27% of the stock’s float is being sold short as of April 28, and numerous bears take swipes at it at every turn.

Nonetheless, the stock continues to defy the bears’ roars and march ever upwards in value. Shares topped $325 for the first time earlier this year and have gained 70% since December 2 despite the company’s results...