Tesla short-sellers have lost $18 billion this year on the stock's 230% spike - Business Insider

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Tesla short-sellers have lost $18 billion this year on the stock's 230% spike

. Next, all eyes will be on the automaker's quarterly profit report July 22.

That's led to some short covering, or traders exiting their positions as the stock climbs, sometimes called a short squeeze.

 

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Ke tsona die signal.

Good. I hope the lose their entire collective asses on the short. At a certain point, people need to recognize that the short sellers take their position not because they have an articulable reason *why* Tesla is going to fail, but rather they simply *want* Tesla to fail.

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