Tesla’s short sellers reportedly lost around USD 5.2 billion in three trading days since Donald Trump was elected President of the United States. On the other hand, Tesla CEO Elon Musk has gained an additional USD 20 billion, pushing his net worth to USD 290 billion. After Trump won the US Elections in 2024, there was also a rise in the price of Bitcoin and a push of bullish market sentiment. Bitcoin Breaks New All-Time High, Crosses USD 82,000 Amid Bullish Crypto Market Sentiment.
Tesla Short Sellers Lost USD 5.2 Billion in Three Trading Days
Tesla $TSLA short sellers lost $5.2 billion in the three trading days following Donald Trump’s election win.
The definition of pain. pic.twitter.com/kIj120rwCe
— Jesse Cohen (@JesseCohenInv) November 11, 2024
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