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Tesla is the third largest short in the stock market, with $25.6 billion in short interest. Investors betting against Tesla have lost $7.8 billion since Donald Trump's election win last week.
The losses by short sellers are a stark contrast to a year ago, when shorts made a $15.9 billion profit on Tesla shares as the company’s stock lost 65% of the value.
The Federal Reserve lowered interest rates by 25 basis points to a range of 4.25%-4.5% at its final meeting of the year and signaled it would slow down the pace of its cuts after slashing interest ...
The great month of September continued for Tesla Inc (NASDAQ: TSLA) short sellers on Monday after the stock tanked another 15.8% in its first trading day since the stock was passed over for ...
Tesla short sellers are down more than $5 billion in the past five days, per data from S3 Partners, as the stock has rallied nearly 40% since the company reported quarterly results after the bell ...
Hypergrowth tech stocks led last year’s market to all-time highs. In 2022, the same companies proved to be a lucrative trade again – but this time, among short sellers.
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It has been a difficult couple of weeks for Tesla (NASDAQ:TSLA) investors. TSLA stock is down 35% from a 52-week high of $900. In the past month, shares have declined 21%, underperforming the S&P ...