Hedge fund shorting Tesla has lost more than $5 billion since Trump's election
2024-11-11 08:52:35
Since Trump won the US election, hedge funds that insist on shorting Tesla have lost billions of dollars, and Elon Musk and Trump's special following pair have caused a shock.
Calculations of data compiled by S3 Partners found that hedge funds holding short Tesla positions lost at least $5.20 billion on paper between Election Day and Friday's close.
Calculations of data compiled by S3 Partners found that hedge funds holding short Tesla positions lost at least $5.20 billion on paper between Election Day and Friday's close.
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