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News Brief: Tesla Motors Inc (NASDAQ:TSLA) founder Elon Musk has been named the 2013 MarketWatch CEO of the Year, beating out other high-profile finalists such as Facebook Inc's (NASDAQ:FB) Mark Zuckerberg and Yahoo! Inc.'s (NASDAQ:YHOO) Marissa Mayer. The financial news website said Musk, who was chosen by MarketWatch editors and readers, "dominated this year's field with his uncommon blend of energy, innovation and relentless drive."
TSLA stock, too, has been nothing short of spectacular in 2013. Despite a recent pullback, the shares have still more than quadrupled year-to-date. Today, the security is sitting 0.8% lower at $137.59.
From a sentiment perspective, bears have been flocking to TSLA. At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the stock has racked up a 50-day put/call volume ratio of 0.98, which is just 4 percentage points off of an annual high. In other words, during the past year, option traders have rarely bought puts over calls (relatively speaking) as rapidly as they have over the last 10 weeks.
Even outside of the options pits, Tesla Motors Inc (NASDAQ:TSLA) is plagued by doubt. For one, nearly 28% of its float is sold short. For another, the shares have received just seven "buy" or better ratings from the brokerage bunch, compared to five "holds," and one "sell" suggestion. Long story short, if TSLA can resume its long-term uptrend, a potential short-squeeze rally or a round of analyst upgrades could be in the cards, further fueling the equity's ascent.