Tesla (TSLA) Is the Best Stock to Short, Says Wolfe Research

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Electric vehicle maker Tesla (TSLA) has been named the best stock for investors to short right now by Wolfe Research.

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The Wall Street research firm has released its latest “Short Hits” list that names the top 16 stocks that it thinks are best-positioned for a short bet by investors. Shorts, also known as “put calls,” are essentially bets that a stock’s price will decline in the near-term.

Topping the short list currently is TSLA stock, whose share price has gained 84% over the past 12 months but whose sales and financials have deteriorated over the same time period. Short interest for Tesla’s stock currently…

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