Tesla is the most profitable short of 2022 as traders 'hit overdrive' on their bet against the EV maker following Elon Musk's Twitter deal

Dec 22 2022 by Business Insider

 
Elon Musk.

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Tesla short sellers have bagged $15 billion in profits year-to-date, according to S3 Partners.Short sellers "hit overdrive" on pressing their bet against Tesla after Elon Musk bought Twitter. "Short sellers have been backing up their TSLA short exposure for good reason, it is the most profitable short, in dollar value, of 2022," S3 said.

Short sellers betting against Elon Musk and Tesla are having a banner year, according to a Wednesday research...

Continue Reading Tesla is the most profitable short of 2022 as traders 'hit overdrive' on their bet against the EV maker following Elon Musk's Twitter deal