Even worse, their year-to-date profit of $1.7 billion was erased, shorts are now down $1.8 billion for 2024. “Tesla’s guidance was extraordinary,” said Steve Sosnick, chief strategist at ...
As EV maker Tesla (NASDAQ:TSLA) posted its second-biggest one-day rally thanks to its better-than-expected Q3 earnings, short sellers betting against the company took $3.5B in paper losses ...