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Tesla short sellers lost $5.7 billion in a week
TeslaTesla(US:TSLA) Finboldยท2024-07-09 08:56

Tesla (NASDAQ: TSLA) stock has been one of the best performers in the whole of the S&P 500, as it caused significant losses to short-sellers of this popular EV maker stock.Since July 2 and the release of the second-quarter delivery report, TSLA stock added over 25% to its value, while the previous 30 days brought gains of over 45%.TSLA stock 30-day price chart. Source: FinboldThis surge led to an estimated $5.7 billion in unrealized losses to TSLA stock short-sellers, with a potential for further increase a ...