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

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Michelle deBoer-Jones
Published on
Updated on

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. Q4 hedge fund letters, conference, scoops etc Meanwhile, Tesla stock is soaring today on a major upgrade from one analyst firm, increasing the pain felt by short-sellers. Analyst is…

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.