Guess How Much Tesla Shorts Lost in 2020
Tesla (NASDAQ: TSLA) had an epic run last year, with the stock gaining 743% in 2020. Plenty of factors fueled the phenomenal rise, including five successive quarter of profits and a stock split that captivated the minds of investors. The magnitude of Tesla's gain, however, was matched only by the gargantuan losses of those that shorted the stock.
On this episode of Fool Live that aired on Dec. 4, 2020, "The Wrap" host Jason Hall, Fool Analyst Nick Sciple, and Fool.com contributor Danny Vena discuss the massive overall cost of shorting Tesla.
Source Fool.com
