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

    1. pareofdocks on

      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.

    2. RevolutionaryLength9 on

      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

    3. 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

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