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Tesla Daily: Tesla News & Analysis

09.22.17 – Understanding Short Selling & Its Impact on TSLA

Tesla Daily: Tesla News & Analysis

Rob Maurer

Tech News, Technology, News

4.81.1K Ratings

🗓️ 22 September 2017

⏱️ 18 minutes

🧾️ Download transcript

Summary

**Note: I said “165” many times in this episode when I meant “165 million”**

Tesla Daily: Tesla News & Analysis

In this episode:
– What is short selling, short interest, days to cover, or a short squeeze, and how does it impact TSLA stock?
– Tesla & AMD rumors denied

Links:
Email > tesladailypodcast@gmail.com
Twitter > @teslapodcast
Patreon > patreon.com/tesladailypodcast

Music by Evan Schaeffer

The post 09.22.17 – Understanding Short Selling & Its Impact on TSLA appeared first on TechCast Daily.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Friday September 22nd, 2017 edition of Tesla Daily Unofficial Tesla Podcast.

0:13.5

Happy Friday, everybody.

0:14.8

My name is Rob Maower.

0:15.5

Today we're talking about short interest, what it is and how it affects Tesla stock price.

0:19.4

Tesla stock yesterday closed down 1.99% to $366.48 this compared to the NASDAQ down 0.52%.

0:27.0

Supercharger network update, we are still at 967 supercharging locations.

0:31.2

Given the lack of news today, I thought I would cover a topic

0:33.6

that a listener had asked about, which is shorting a stock

0:36.6

and kind of what it means and how it impacts the stock.

0:39.1

So I'm going to go into a little detail on that today.

0:41.3

Before we do that, though, I did want to talk about the only little tiny bit of news that we saw yesterday.

0:46.4

A.M.D. has denied that they are working with Tesla on a system on a chip for Tesla's autopilot and autonomous driving technology.

0:55.6

The CEO of AMD saying that, basically he was saying

1:00.2

that companies like Apple, Google, and Tesla are examples of types of businesses

1:04.1

that are showing interest in working with AMD to develop chips and things like that for

1:09.1

their product lines, but the Tesla is not officially working with AMD yet.

1:14.7

Despite that though, I do think that Tesla probably has a lot of interest in still developing

1:18.6

their own chips, so I think that we probably have not heard the last of this.

1:21.8

But for now, the rumors have been denied.

1:23.6

Okay, so short interest and what that means for the stock.

1:27.9

So if you've been following Tesla stock at all, you've probably heard mention of a possible

1:32.4

short squeeze, high short interest, things like that,

...

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