Tesla Inc(NASDAQ:TSLA) shares opened lower once again on Friday after making new multi-year lows on Thursday, continuing to be one of the most profitable stocks in the market for short sellers.
This week, S3 Partners released an updated report on the most profitable stocks of the year for short sellers, and Tesla leads the way by leaps and bounds.
S3 estimates Tesla short sellers had generated $15 billion in profits in 2022 through Dec. 21, which does not include Tesla's nearly 9% decline on Thursday.
Tesla's stock price is down 69.5% year-to-date in 2022, and the selling pressure has intensified in...
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