Short sellers make $16bn profit from Tesla’s share price plunge
Traders positioned to make money from falls in the share price have accumulated the paper profits since the stock’s closing high on December 17, according to data provider S3 Partners. Tesla’s market value has plunged more than $700bn over the same period,
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Short sellers have netted over $16 billion from their bet against Tesla (TSLA) after the company’s stock halved in value over the last three ...
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