Tesla Short Sellers Experience Significant Losses Following Delivery Report
Thursday, 4 July 2024, 12:00
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.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.