Overview

• Elon Musk posted on X that investors shorting Tesla shares who do not cover their positions before the company achieves scaled autonomy will face catastrophic losses.
• Retail shareholder Alexandra Merz shared a list naming top short holders such as MUFG Securities EMEA, Jane Street Group and Citadel Advisors, with some firms like Banque Pictet reported to be trimming exposure.
• Tesla has been offering supervised robotaxi rides in a geofenced Austin area since June and recently expanded limited ride-hailing tests to San Francisco.
• Musk says Tesla’s upcoming Full Self-Driving V14 update will deliver a “step change” improvement ahead of a broader robotaxi deployment scheduled for next month.
• Tesla’s stock has been volatile, climbing 6.1% over the past five sessions but falling 16% year-to-date despite a 68.5% gain over the last twelve months.