2020 - TSLA shorts lost $40B, their pants & socks

Discussion in 'Wall St. News' started by Nobert, Jan 30, 2021.

  1. Nobert

    Nobert

    Tesla short sellers lost $40 billion in 2020. Elon Musk made more than triple that
    By Chris Isidore, CNN Business
    Updated 6:32 AM EST, Wed January 06, 2021

    New York(CNN Business)It's hard to imagine anyone has had a better year than Elon Musk did in 2020.

    His personal net worth soared like one of his SpaceX rockets, increasing by more than $100 billion. And his loudest critics, aka investors who shorted Tesla (TSLA) stock on the assumption the share price would go down, lost a record $40.1 billion betting against him, according to analysis by S3 Partners.

    Source : https://www.google.com/amp/s/amp.cn.../tesla-shorts-losses-elon-musk-win/index.html