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Re: jour_trader post# 66478

Monday, 05/30/2022 5:01:23 PM

Monday, May 30, 2022 5:01:23 PM

Post# of 87030
Tesla short sellers have made $8.2 billion betting against Elon Musk's company this year as tech stocks crashed !

6 Hours ago !

https://markets.businessinsider.com/news/stocks/tesla-short-sellers-elon-musk-nasdaq-tech-stock-market-crash-2022-5

Elon Musk's Tesla has soared in recent years, but has tumbled around 30% in 2022. Justin Sullivan/Getty Images

Short-sellers have made $8.2 billion betting against Tesla this year as tech stocks tumbled, according to new data.

Investors racked up $62.5 billion betting against Nasdaq 100 companies in general, Ortex research found.

It's a turnaround for short-sellers, who were burned by the surge in Tesla among others in 2020 and 2021.
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