Tesla's surging stock has cost short sellers $3 billion this month (TSLA)

Despite the surge in its stock price, Tesla remains the most shorted US equity.
Investors betting against Tesla have lost $3 billion in August alone.
Follow Tesla's stock price in real-time here.
The "short burn of the century" that Tesla CEO Elon Musk promised back in May may have finally happened.
Tesla's 27% surge this month, fueled by Musk's cryptic tweet Tuesday about taking the company private at $420 a share, has cost short sellers — the investors betting against Tesla's stock &mdas