Tesla Haters Who Short The Stock Have Lost 1 Billion
Tesla haters who 'short' the stock have lost $1 billion since the new year. posted on january 22, 2018 by matt pressman . tesla [nasdaq: tsla] has been confounding wall street's naysayers. Elon musk's net worth increased by more than $100 billion in 2020. his loudest critics, aka investors who have shorted tesla stock on the assumption the share price would go down, lost a record. Since the stock's low of $178.97 on june 3, 2019, tesla short sellers have covered 19.11 million shares, worth $11.1 billion, and are down $12.43 billion in mark to market losses, according to s3. In july, tesla short sellers racked up about $6 billion in mark to market losses — widening from about $3.7 billion in june — bringing them down about $21 billion for the year as recently as. Tesla popped 16.5% thursday to around $300 per share, meaning short sellers betting against the stock are on track for $1.4 billion in mark to market losses on the day — wiping out almost 70% of.
Tesla Short Sellers Have Lost 3 7 Billion In 2017 So Far
Reuters. short sellers betting against tesla's stock have lost more than $39 billion in 2020, according to data compiled by s3 partners.; tesla, which remains the most shorted stock in the market. Tesla short sellers lost more than $40.1 billion 2020, nearly six times the losses they endured betting against any other stock in the market. Betting against tesla “has been a phenomenally bad bet,” as npr put it the shorts shed a collective $2.89 billion in 2019, and have written off another $2.8 billion this january alone.
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