GameStop shares continue their surge in May, a report says Arm Holdings seeks to launch its first artificial-intelligence chips next year, and Squarespace is being taken private in a deal valued at $6.9 billion.
Nio prepares to launch its first mass-market car on Wednesday as Chinese EV startups downshift prices in a hunt for growth. Nio stock jumped Monday, along with Zeekr and XPeng. The Onvo L60 SUV will be cheaper than the Tesla Model Y that it's challenging in the RMB 250,000 ($34,565) segment, Nio CEO William Li has said.
Down over 50% from all-time highs, Tesla is among the most shorted stocks on the equity markets. Is TSLA stock a good buy right now? The post Short-Sellers Beware: Don’t Bet Against Tesla appeared first on The Motley Fool Canada.