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Tesla Inc CEO Elon Musk speaks at a gap ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020.Aly Track | Reuters(This story is for CNBC Professional subscribers solely.)Electrical automaker Tesla proved the brief sellers mistaken this 12 months and welcomed a flood of retail buyers cashing in on the stock’s big rally in 2020, in keeping with Credit score Suisse. The Wall Street agency — which has a impartial score on Tesla — stated the various buyers that shorted Tesla’s stock have been burned, solely to be outsmarted by the person buyers that admire Elon Musk’s imaginative and prescient for the automotive firm.
