Get all your news in one place.
100's of premium titles.
One app.
Start reading
Zenger
Zenger
Technology
Shanthi Rexaline

UNBELIEVABLE: Tesla s short interest hits record high amid slumping stock - The Untold Story

Tesla, Inc. (NASDAQ:TSLA) shares have been mired in a slump since the electric vehicle pioneer’s third-quarter results were unveiled in mid-October. Data from S3 Partners Managing Director Ihor Dusaniwsky indicates that bearish bets on the stock have been on the rise. MICHAEL SILUK/GETTY IMAGES

Tesla, Inc. (NASDAQ:TSLA) shares have been mired in a slump since the electric vehicle pioneer’s third-quarter results were unveiled in mid-October. Data from S3 Partners Managing Director Ihor Dusaniwsky indicates that bearish bets on the stock have been on the rise.

What Happened: Short interest in Tesla stands at $18.36 billion, making it the world’s most valuable short, according to Dusaniwsky. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.