Tesla short-sellers have lost $18 billion this year on the stock's 230% spike (TSLA)

Jul 10 2020 by Business Insider

 

Tesla's stock has rallied this year, gaining as much as 230% on solid vehicle delivery numbers and a slew of Wall Street upgrades.  In the same timeframe, traders betting against Tesla have notched $18.08 billion net-of-financing mark-to-market losses, according to data from financial-analytics firm S3 Partners.  A solid part of those losses occured in June and July, according to S3. Tesla short-sellers lost $3.71 billion in mark-to-market losses in June and $4.08 billion in July.  Watch...
Continue Reading Tesla short-sellers have lost $18 billion this year on the stock's 230% spike (TSLA)