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Tesla's Stock Price Plummets, Shorts Expected to Gain Over $4 Billion in Paper Profits in a Single Day
1 day ago /
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Author：小编
On July 23, Tesla's stock price fell as much as 15% during intraday trading, marking its largest intraday decline in over a year. The drop came as second-quarter profits fell short of expectations, raising market concerns about the development of its artificial intelligence and robotics businesses. Shorts betting against Tesla's stock price are expected to gain approximately $4.12 billion in paper profits in a single day, with around 3% of Tesla's shares currently sold short.
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