Category: Short-Sellers

Elon Musk Rubs Salt in Tesla Short-Sellers’ Wounds With His ‘Short Shorts’
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Elon Musk Rubs Salt in Tesla Short-Sellers’ Wounds With His ‘Short Shorts’

Elon Musk unveiled Tesla’s ‘short shorts’ priced at $69.420, which sold out within hours. This is a proverbial kick in the gut for Tesla’s short-sellers, who have lost a fortune trying to short Tesla. Short sellers like Stanphyl Capital are going to get crushed again, despite having convincing arguments about the flailing fundamentals of Tesla…

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Tesla Short-Sellers Profit from Unlikely Scenario as Coronavirus Ravages Market
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Tesla Short-Sellers Profit from Unlikely Scenario as Coronavirus Ravages Market

Since the 2019 low, Tesla’s stock has rallied over 400%. Long-suffering short sellers recently managed to catch a lucky break amid the coronavirus-induced selling. TSLA is overwhelmingly the most shorted stock currently. Despite incurring massive losses due to Tesla’s (NASDAQ:TSLA) 2019-20 rally, short sellers are yet to give up. Their patience paid off somewhat during…

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