Tesla Short Sellers Experience Significant Losses Following Delivery Report

Thursday, 4 July 2024, 12:00
In the aftermath of Tesla's recent deliveries report, short sellers faced a combined loss of $3.5 billion in just two days of trading. With Tesla's stock on the brink of erasing year-to-date losses, those betting on a decline encountered a challenging week. The surge in Tesla's stock price has intensified the losses for short sellers, underscoring the risks associated with shorting high-growth stocks.
CNBC
Tesla Short Sellers Experience Significant Losses Following Delivery Report

Tesla Short Sellers Hit by $3.5 Billion Loss

In reaction to Tesla's latest deliveries report, short sellers collectively suffered a massive loss of $3.5 billion over a brief span of two trading days.

Stock Price Recovery Puts Pressure on Short Sellers

As Tesla's stock edges closer to reversing its year-to-date losses, short investors are grappling with substantial financial setbacks.

  • Market Turbulence: Short sellers experienced a tumultuous period following Tesla's stock surge.
  • Heightened Risks: The recent events underscore the inherent risks associated with shorting high-flying stocks.
Do you want to advertise here? Contact us

Related posts

Do you want to advertise here? Contact us
Do you want to advertise here? Contact us
Newsletter

We carefully select news from the world of finance and publish it for our users. We understand the importance of reliable and up-to-date information for people in the financial world. Do you want to receive news in a convenient format and always have it at hand — subscribe to our newsletter and make your analytical work more effective.

Subscribe