Wall Street releases the rarest notes for Musk

The short-term interest rate [bets on a falling share price] accounted for a quarter of the float and Musk repeatedly returned to investment banks to seek billions of dollars after burning off cash at rates that aroused concern among some investors

. ] "Tesla is the kind of company that drives analysts to take very firm opinions," Michael Antonelli, an institutional equity trader and chief executive of Robert W. Baird & Co. "It's a name that exchanges a lot about feeling, and that feeling changes minute by minute. "

Only one company in the S & P 500, Under Armor, has as much sales as Tesla, though they are offset by more purchases and catches. Skepticism about the sportswear manufacturer is justified given its 59% drop from its 2015 peak.

It is hard to say that Tesla's dumping was a good tip . The shares of the California-based automaker are up six of the last seven calendar years, including a 344 percent rise in 2013 that would have beaten any company in the S & P 500. The ride, however , was bumpy.

Tesla is just 5% below its price 12 months ago, down 35% from its 2017 high, and even up 22% from its 2018 low.

Kamran Mumtaz, spokesman for Tesla, declined to comment.

Famous technology megacaps get a much better treatment. Amazon.com, the stock covered by the largest number of analysts, has only three sales recommendations and a sales recommendation for 48 purchases. Apple has 27 purchases, 19 holdbacks and zero sales.

Four other companies, including Consolidated Edison, Campbell Soup and Torchmark have a larger proportion of sales, but based on much fewer rankings.

Tesla fell for a fifth day Friday, as investors wondered if the production of models 3 would be supported. The stock jumped 20% in June after losing 22% in March and has fallen by nearly 10% since the beginning of the month.