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Elon Musk tells shorts on Twitter they have 3 weeks to cover before losing their money

Lora Kolodny

Tesla stock has rallied about 20 percent since its annual shareholder's meeting on June 5, where Musk promised profitability in the third quarter. Tesla TSLA CEO and chairman Elon Musk went after shorts on Twitter over the weekend. Tesla stock has rallied more than 20 percent since the company's early June annual shareholder meeting at which Chairman and CEO Elon Musk promised profitability in the third quarter , and trended more than 4 percent higher through last week after Tesla announced layoffs on Tuesday June 12th.