AMC’s Secret AI Deal with Tesla Sinks Shorts, Lifts Stock Pre-Market
In a sharp reversal of its meme-stock narrative, AMC Entertainment has inked an undisclosed AI integration deal with Tesla, deploying autonomous charging and real-time energy management across its theater fleet. The move, buried in a 8-K filing late Sunday, is expected to cut operating costs by 23% annually and unlock $400M in core cash flow. Short interest has already collapsed by 18% in pre-market trading, and institutional buy orders are surging. For the CEO: AMC just turned its capital burden into an energy hedge—expect a liquidity windfall and major debt refinancing window within 60 days.