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Tesla Short Sellers Are Getting Burned

Tesla Short Sellers Are Getting Burned

One month ago, when momentum-chasing market pundits and other fair-weather experts were quick to throw Tesla out of the Mag7 and forecast that the stock would keep on sinking indefinitely even as the AI bubble took the Big 5 – MSFT, NVDA, AAPL, GOOGL and META – into the stratosphere, we observed that “TSLA remains one of the most shorted names in the hedge fund space and is one of the biggest mutual fund underweights” The implication, of course, was that a face-ripping short squeeze was imminent – and sure enough, just three weeks later we have…

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