Tesla Model Y

Tesla Stock Is Popping, But Here’s Why These Hedge Funds Are Short

Tesla has proven to be one of the most divisive stocks over the years, driven by the tension between CEO Elon Musk and the many well-known investors who are shorting it. Multiple hedge funds highlighted their Tesla positions in their recent letters to investors, and perhaps unsurprisingly, those who are talking about the stock are shorting it. At least one firm suggested the EV maker may even be engineering its financials.

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