Hedge funds shorting Tesla lost more than $5B after Trump win: report
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Hedge funds with short positions on Tesla incurred significant losses of over $5 billion following the election of Donald Trump, as Tesla's stock price surged.
November 11, 2024 | 9:15 pm
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Hedge funds shorting Tesla faced over $5 billion in losses after Trump's election win, indicating a significant surge in Tesla's stock price.
The article highlights a significant financial impact on hedge funds shorting Tesla, suggesting a strong upward movement in Tesla's stock price following Trump's election. This indicates positive market sentiment towards Tesla, likely leading to a short-term price increase.
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