Tesla stock price june 2025 a spike in short interest in late May

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A spike in short interest in late May suggests Tesla stock price June 2025 might see short-cover rallies if upcoming production data beats estimates. From a valuation perspective, Tesla appears stretched. Based on its price/sales ratio, the company is trading at a forward sales multiple of 13.81, way higher than the industry as well as its own 5-year average. Sign up for free newsletters and get more CNBC delivered to your inbox Institutional analysts note that foreign-exchange fluctuations, especially USD weakness, could favor Tesla’s overseas sales, adding potential upside to Tesla stock price June

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