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Elon Musk beat the short sellers and Tesla gained new types of investors along the way, Credit Suisse says

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Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7.
Aly Song | Reuters

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Electric automaker Tesla proved the short sellers wrong this year and welcomed a flood of retail investors cashing in on the stock's huge rally in 2020, according to Credit Suisse. 

The Wall Street firm — which has a neutral rating on Tesla — said the many investors that shorted Tesla's stock have been burned, only to be outsmarted by the individual investors that appreciate Elon Musk's vision for the car company. 

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