This content is from:xinyabo体育

What’s Bad for Elon Musk is Good for Short Sellers

Tesla’s stock hit new lows this week as bulls bailed and shorts recouped their losses.

Elon Musk’s Tesla — whose shares seem to finally be on the skids — has never been beloved by hedge funds. For years the iconic electric carmaker has been perhaps the most popular hedge fund short bet, popularized by such luminaries as Kynikos Associates’ Jim Chanos and Greenlight Capital’s David

To continue reading,subscribe nowto Premium Journalism. Already a subscriber?Login.

Related Content