Hedge Funds That Piled Into Big Tesla Short Stung by Huge Rally.Growing number of hedge funds shorted Tesla through June
https://www.bloomberg.com/news/articles/2024-07-07/hedge-funds-that-piled-into-big-tesla-short-stung-by-huge-rally?srnd=homepage-europe
Posted by batyrshah
6 Comments
The obsession with shorts is cringe
![img](emote|t5_2th52|4271)
They’ll be correct if FSD and bot plans don’t pan out, but not before Elon’s hype pumps in the stock to ridiculous levels.
Obliterated
I thought hedgies were supposed to be smart? There were real professionals from ivy league colleges who thought investors were going to be like “actually I prefer my tsla stock to be worth 30 dollars, we’re not paying you, you’re fired elon!”
I genuinely don’t understand
Shorts are down $3 billion this past week on TSLA – still around $20 billion of short interest out there. So much more pain to come, TSLA has so much more room to fly. Die TSLA bers