AP Betting against Tesla this year has been an exercise in futility, as short sellers have repeatedly been burned by one of the market's hottest stocks. Their patience is finally paying off. Through Monday, investors had made $72 million over a two-week period as Tesla's stock plunged 11%, putting a dent in a massive year-to-date gain that totaled 80% at its peak, according to data compiled by the financial-analytics firm S3 Partners. Their mark-to-market profit is even bigger over the past mont...
AP Betting against Tesla this year has been an exercise in futility, as short sellers have repeatedly been burned by one of the market's hottest stocks. Their patience is finally paying off. Through Monday, investors had made $72 million over a two-week period as Tesla's stock plunged 11%, putting a dent in a massive year-to-date gain that totaled 80% at its peak, according to data compiled by the financial-analytics firm S3 Partners. Their mark-to-market profit is even bigger over the past mont...
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