Tesla Short Sellers collected pocket for about 1.4b dollars after driving


(Reuters) -Traders are built to organize $ 1.4 billion from short positions in Tesla (Tsla) After plans to start a new political party of CEO Elon Musk, the stakes increased concerns about the company’s commitment to the future.

The company’s shares decreased by 7.5% after a political movement of Donald Trump on the US President’s tax cutting and spending bill.

In the price of $ 296, the data analytics is on the touch of investors to earn $ 1.4 billion against investors for the emergence.

Short vendors, in a day that saw the greatest daily enemy in the market value of Tesla, short vendors earned more than $ 4 billion.

Tesla’s shares lost more than 21% this year and fell to $ 291.50 this year.

(Notification by Shahashechiz Chauhan in Bengaluru; Saumyadeb Communication by Chakrabarty)



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