Tesla Motors Inc (TSLA) Shorts May Be Logical But Still Very Risky

Tesla Motors Inc (NASDAQ:TSLA) has pretty high short interest, and it’s been rising for several days as the company’s stock price looks increasingly shaky. About 17.7% of the company’s shares were held short at the end of August according to Nasdaq. Yesterday Elon Musk said he doesn’t think shorting the company is a good idea. Investors clearly aren’t listening. Is right now a bad time to short Tesla Motors Inc (NASDAQ:TSLA)? On today’s market shares in the electric car maker slid by more than 1% in the morning. Shares have lost just over 2% of their value in the last…