Jim Cramer: Tesla Is Already Heavily Shorted

As investors await a 'masterplan' from Tesla Motors (TSLA) - Get Report CEO Elon Musk, TheStreet's Action Alerts PLUS Portfolio Jim Cramer says the stock is heavily shorted. On Tuesday, Musk tweeted: 'Will be working at Tesla on Autopilot & Model 3 today, then aiming to pull an all-nighter and complete the master product plan.' This left many speculating that further details on this plan may be revealed Wednesday. Back in 2006, Musk wrote a comprehensive blog post, detailing what now has become the Model S and Model X vehicles. Tesla shares lost 5 percent since the start of the year.