Bloomberg·2 min read·medium
Tesla Short Sellers Mint $4 Billion Profit as Shares Nosedive - Bloomberg.com
J
Jordan Fitzgerald
✦AI Summary
Tesla shares experienced a significant 14.5% decline on Thursday, resulting in a $4 billion profit for short sellers. This drop marks one of the worst single-day performances for the electric vehicle manufacturer.
The deep plunge in Tesla Inc.s stock on Thursday is turning into a major payday for its short sellers. Shares of Elon Musks electric-vehicle maker fell 14.5% Thursday, its worst drop in more than a …
businesstechnology
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