Short sellers are getting steamrolled by Tesla (TSLA)
Short sellers are getting steamrolled by the rally in Tesla.
The company's shares have soared more than 40% since the company closed on its acquisition of SolarCity. Traders who bet against the stock have been saddled with a loss of 31%, or $2.3 billion when taking into account financing costs, according to S3 Partners, a financial analytics firm.
Bets against Tesla surged since the beginning of November as investors like Greenlight Capital's David Einhorn have targeted the c
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