Tag: tesla short
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Tesla short-sellers lost $38 billion throughout the automaker’s colossal 2020 rally
Elon Musk. Maja Hitij/Getty Images Tesla short-sellers saw $38 billion in mark-to-market losses throughout 2020, Bloomberg reported Thursday, citing S3 Partners data. Short interest in the company’s shares plunged to less than 6% of Tesla’s float from nearly 20% at the start of last year. The losses trounce the $2.9 billion total seen in 2019…