The similarities between Tesla Inc‘s (NASDAQ:TSLA) stock performance this year compared to 2019 are “striking,” The Future Fund LLC managing partner Gary Black said on Friday, throwing caution to short sellers. What Happened: Similar to how Tesla was gearing up to launch the Model Y in 2019, the company is now planning new vehicles, including more affordable models, with the start of production slated for the first half of 2025. In 2019, Tesla shorts believed that the Model Y was just a larger Model 3 and would grab market share of the Model 3, Black said. “In hindsight the shorts failed to re…
