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Yesterday, I reported on a suspiciously large Tesla short position opened before Bussiness Insider's Elon Musk sexual misconduct story came out. The short position bet large sums of money on Tesla stock falling 11% prior to the Bussiness Insider story. And today, that suspicious short-seller has made 1400% profit in a day.
A few hours ago, Bussiness Insider published a story detailing alleged sexual misconduct by Tesla and SpaceX founder Elon Musk. However, several hours prior to this news, there were indications of "unusual" short-seller activity on Tesla stock.
Tesla's Texas Gigafactory, although the largest building in the world, is still slightly less than a mile long. And now Musk says the EV maker will be extending Giga Texas to make it an even mile. Musk also explains the practical reason why Tesla's factories need to be so large.