Hedge funds lost over $5.2 billion betting against Tesla since 2020, as its stock surged 30%.
Since the 2020 election, hedge funds betting against Tesla have lost over $5.2 billion as Tesla's stock rose nearly 30%, adding over $200 billion in market value. This contrasts with the broader electric vehicle sector, which declined over 12% this year. Many hedge funds have reversed their short positions on Tesla, reflecting a shift in market sentiment.
4 months ago
66 Articles
Articles
Only 2 free stories left this month. Don’t miss out — Subscribe for unlimited access!