Quartz·1 min read·medium
Tesla short sellers pocketed $4 billion as the stock plunged after an earnings miss
✦AI Summary
Tesla stock experienced a significant 15% intraday decline following a second-quarter earnings miss. Short sellers profited approximately $4 billion from the sharp drop in share price.
Tesla stock fell as much as 15% on Thursday, its worst intraday drop in more than a year, after second-quarter profit missed Wall Street expectations
businesstechnology
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