Elon Musk warned Tesla short sellers to exit their positions before Tesla achieves autonomy; failure to do so could lead to significant losses. Musk's comments were in response to retail shareholder Alexandra Merz, who highlighted Tesla's short-sellers. Musk indicated that those who remain short after autonomy is reached will be obliterated. Tesla's Full Self-Driving (FSD) program has made progress, currently piloting ride-hailing services in select cities. Despite previously unmet deadlines, the approach to achieving autonomy shows promise with the upcoming FSD V14 release.
Elon Musk stated that Tesla shorts are on borrowed time. As per the CEO, TSLA shorts would be wise to exit their short position before autonomy is reached. If they do not, they will be wiped out. He emphasized, "If they don't exit their short position before Tesla reaches autonomy at scale, they will be obliterated." This warning reflects the significant impact that achieving full autonomy may have on Tesla's stock.
Tesla's autonomous program is making strides, with pilot ride-hailing programs being currently used in Austin and the Bay Area. Despite the challenges and delays in achieving full autonomy, Tesla's Unsupervised FSD is being utilized in Robotaxi services.
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