Elon Musk claims that Tesla (TSLA) shorts, people betting against the company’s stock, are going to be ‘obliterated, ‘ but there’s a big if to his prediction.
‘Shorts’ is a term used to refer to people betting against the stock of a company. They have long played a significant role in Tesla’s history on the stock market, and CEO Elon Musk has frequently commented on the situation, going so far as to predict their downfall and criticize them at every opportunity.
Throughout the years, Tesla was often topping the list of the most shorted stocks on the NASDAQ. As the automaker became profitable, shorts started to take losses and lose interest.
However, people who shorted Tesla made a lot of money earlier this year after shorting the stock following a rally over Trump’s election and Musk’s relationship with Trump.
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Tesla’s stock has since recovered, and now, the short position on Tesla has stabilized at around 2.6% of the float, which is historically fairly regular and far from previous highs.
Nonetheless, CEO Elon Musk decided to take a jab at them today by claiming that they will be “obliterated” if they don’t sell their positions “before Tesla reaches autonomy at scale”:
“If they don’t exit their short position before Tesla reaches autonomy at scale, they will be obliterated.”
The operating phrase here is clearly: “before Tesla reaches autonomy at scale.”
Musk has been promising that Tesla will reach autonomy at scale by the end of every year for the last 6 years, and it has never happened.
The CEO’s latest timeline is that “autonomy will start positively contributing to Tesla around the second half of 2026.”
In the meantime, Tesla’s “Robotaxi” in Austin is still supervised by a Tesla employee in each vehicle, “Robotaxi” in California is just a ride-hailing service with employees in the driver’s seat, and Tesla’s “Full Self-Driving Supervised” in consumer cars has barely improved since Tesla launched v13 last year.
Electrek’s Take
I think Tesla shareholders hoping for a short squeeze should manage their expectations. With only 2.6% of the float and about a day to cover, any short squeeze would have a minimal impact.
However, I think Elon is probably right. If Tesla reaches autonomy at scale on his timeline, Tesla’s stock would shoot up, but there are huge caveats to this prediction.
Firstly, if you believe Elon’s latest timeline for the second half of next year, there are several significant events that are expected to occur at Tesla before then.
With the tax credit set to expire in the US and increasing competition in Europe and China, Tesla is expected to face several tough quarters after Q3. Elon himself admitted it during the last earnings call.
We are not just talking about Tesla continuing its earnings decline, which has been a clear trend for two years now, but we are talking about Tesla likely losing money, starting in Q1 2026. I don’t think shareholders and the market are ready for that.
Tesla’s liability regarding its failed autonomy promises and crashes is also increasing with more lawsuits advancing through the legal process every week.
In short, Tesla’s stock could take a significant hit over the next 12 months due to its declining EV business and increased liabilities.
Secondly, that’s assuming Elon’s latest autonomy prediction comes true, which has historically been a bad bet.
So Tesla’s fundamentals are about to crash, based on Elon’s own comment, but shorts will get “obliterated” if Elon’s historically terrible autonomy prediction finally comes true. Sounds like a big if to me.
That said, I wouldn’t necessarily recommend shorting Tesla’s stock based on this. The stock is clearly manipulated and trades primarily based on Elon Musk’s lies.
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Volkswagen is offering $7,500 in Retail Customer Bonus cash this month – up from the $2,500 the company offered its Black Friday customers – that, along with an additional $2,500 unadvertised dealer cash incentive that CarsDirect is reporting absolutely, definitely exists, adds up to a stout $10,000 total discount on the all-electric VW ID.Buzz … and that’s before you start haggling with your dealer over the MSRP.
It’s a lot
Photo: Volkswagen of America.
As much as I like the the Volkswagen ID.Buzz, its starting MSRP around $61,545 (incl. destination) puts it at nearly twice what you’d probably expect a minivan to cost if the last time you shopped for one was at a Dodge store. Still, that hefty price tag is some $20,000 higher than the baseline Toyota Sienna hybrid or Honda Odyssey.
That 50% higher price is a lot to swallow even if you do buy into the nostalgia. Still, the ID.Buzz is capable enough, and with ~230 miles of range and 282 hp on offer from its battery/electric motor combo – plus Supercharger access – it’s at least able to keep up with the minivan competition.
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So, while that $10,000 discount isn’t going to turn the ID.Buzz into the second coming of the affordable, family-hauling Caravan, it does bring VW’s electric people-mover a little closer to earth. In fact, with a $50K price tag, it’s right in line with the average transaction price of a new vehicles. So, if nothing else, that reduced price could finally gives electric minivan buyers something to buzz about (I tried so hard to work that in, you guys).
If you’ve been shopping for a family-hauler and dig the retro vibe over something like the (excellent) Kia EV9, click through the link below and set up a test drive at your local VW dealer.
SOURCE: CarsDirect; images via VW.
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Peterbilt has jumped into the MD truck ring with the launch three new medium-duty electric trucks that deliver zero-emissions power, ultra-fast 350 kW charging, and proven, versatile platforms for delivery, utility service, and vocational upfitting.
The new Peterbilt 536EV, 537EV, and 548EV medium-duty trucks slot into the same versatile medium-duty segments the company’s fleets already know, but swap diesel power for latest PACCAR ePowertrain, with up to 605 hp and 1,850 lb-ft of torque available at 0 rpm. That big motor draws power from a variety of LFP battery packs and be fitted with ePTO options rated for either 25 kW (two-battery option) or 150 kW (three-battery option), making them suitable for that can be sized for daily delivery routes, urban utility work, and municipal fleets looking to cut both emissions and maintenance costs.
What’s more, the new Peterbilt’s flexible architecture allows for integration with existing PACCAR suspension bits to make 4×2 and 6×4 configurations, and any wheelbase of 163 inches or longer, and up to 82,000 lbs. gross combined weight ratings possible.
“[The new trucks are] optimized for the demands of the medium duty segment, the next generation of Peterbilt electric vehicles deliver excellent efficiency, rapid charging and versatile configurations elevating customer productivity across a wide range of applications,” said Erik Johnson, Peterbilt assistant general manager, Sales & Marketing.
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In addition to all those goodies, the PACCAR EV tech continues to be top-notch, with the previously-mentioned 350 kW charging, regenerative braking, and industry-leading ergonomics.
Peterbilt’s new MDEVs ship with a blue accented crown and grille for a distinctive exterior look, as well as EV-exclusive panels on the side of the hood. The interior design features laser-etched trim panels on the EV-exclusive Magneto Gray interior, just in case the driver in the quiet, smooth, and stink-free cabin forgets they’re in an electric truck.
Electrek’s Take
Peterbilt 536EV; via PACCAR.
Ignore the headlines. The death of the commercial EV market simply hasn’t happened, and won’t happen any time soon.
If you believe the engineers and analysts at MAN Trucks and Orange EV (and, you should), an EV like this can pay for itself in reduced fuel and maintenance costs even without incentives, then you should already know what I’m about to say: the future of trucking is 100% electric.
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Subaru’s smaller, more affordable Uncharted EV will be among the few electric vehicles with a starting price of under $35,000.
2026 Subaru Uncharted EV prices and range by trim
The 2026 Subaru Uncharted EV will join the Nissan LEAF, Toyota bZ, Hyundai IONIQ 5, and Chevy Equinox as one of the few new EVs on sale in the US for under $35,000.
It will be the most affordable electric vehicle in Subaru’s lineup, sitting below the Solterra and Trailseeker SUVs, starting at just $34,995.
The Uncharted will be available in three trims: Premium FWD, Sport, and GT. Subaru said the entry-level Uncharted Premium FWD variant will be “offered in limited numbers.” It draws power from a single 221 hp electric motor and 74.4 kWh battery pack, providing over 300 miles of range.
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All trims use the same 74.7 kWh battery pack, but the Sport and GT models feature Subaru’s Symmetrical AWD, which slightly reduces driving range.
2026 Subaru Uncharted EV (Source: Subaru)
The Sport and GT variants deliver 285 miles and 270 miles of range, respectively. The AWD system packs a combined 338 hp, which Subaru boasted “is more than the Hyundai Kona EV and Kia Niro EV.”
Like the new 2026 Trailseeker and Solterra, the Uncharted EV has a battery preconditioning system that boosts charging performance in cold weather. With charging speeds of up to 150 kW, the electric SUV can recharge from 10% to 80% in around 28 minutes.
The 2026 Subaru Uncharted EV (Source: Subaru)
All 2026 Subaru Uncharted EV models will feature a built-in NACS port, enabling access to over 25,000 Tesla Superchargers across the US.
Although the Uncharted is nearly 7″ shorter than the Solterra, it still offers more than 25 cubic feet of cargo space behind the second row.
Subaru Uncharted EV interior (Source: Subaru)
The interior features the brand’s updated design with a 14″ Subaru Multimedia System that includes wireless Apple CarPlay and Android Auto.
Starting at $34,995, the entry-level Premium FWD trim includes EyeSight driver-assist features such as Pre-Collision Braking, Front Cross Traffic Alert, Blind Spot Monitors, Lane Departure Alert, Emergency Stop Assist, Advanced Adaptive Cruise Control, and a distraction mitigation system.
2026 Subaru Uncharted EV trim
Starting Price*
Uncharted Premium FWD
$34,995
Uncharted Sport
$39,795
Uncharted GT
$43,795
2026 Subaru Uncharted EV prices by trim (*Destination & Delivery is $1,450 and may vary in the following states: CT, HI, MA, ME, NH, NJ, NY, RI, and VT. D&D is $1,600 for retailers in Alaska.)
Eco and Snow drive modes are standard, plus an All-Weather Package is included with heated front seats, heated power exterior mirrors, and windshield wiper de-icer.
Upgrading to the Sport and GT variants, starting at $39,795 and $43,795, respectively, adds an uprated powertrain and Subaru Symmetrical All-Wheel Drive.
The 2026 Subaru Uncharted EV is expected to begin arriving at dealerships across the US in early 2026. It will join the new 2026 Trailseeker and Solterra as the lowest-priced EV in Subaru’s lineup.
With the new Uncharted and Trailseeker SUVs coming soon, Subaru is offering closeout prices on 2026 Solterra models with 0% APR financing on all trims and leases as low as $299 a month. If you’re looking to test drive one for yourself, you can use our link to find Subaru Solterra models in your area.
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