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boonecreek

(1,462 posts)
Wed Jul 9, 2025, 03:28 PM Jul 2025

Tesla Short Sellers Rale In $1.4 Billion As Elon Musk's Feud With Trump Tanks Stock [View all]

Source: Jalopnik

From the dramatic decline in Tesla's rapid spread of the #Tesla Takedown protests, it's no secret that plenty of people despise Elon Musk. However, there are investors willing billions of dollars against the market success of the Musk-helmed electric automaker. Those short sellers won big on Monday amid Musk's current feud with President Donald Trump. According to USA Today, a & 7.5% drop in Tesla's shares generated $1.4 billion in profits for those holding short positions. I hope they had a glass of champagne with their breakfast.

Me too.
https://www.jalopnik.com/1908084/tesla-short-sellers-billion-dollar-profit-after-elon-musk-trump-feud/
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