Saturday, May 11, 2024
Home > Ravages

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.

Read More