Short sellers betting against Tesla lose more than $1 billion in single day as stock surges

Turveyd · Oct 25, 2019

dozu888 said:
smart probably.

doing good? doubt it... it's all about grabbing the federal dollars.

Yep, loads of nice tech space and car wise, no patents, free for all to copy to help others push things forward.

ZBZB · Oct 25, 2019

destriero said:
I know a guy that lost $11MM in TSLA today. He's out of the biz on a single day's vol.

Should have read this about position sizing, also good dating advice!

dealmaker · Oct 25, 2019

zdreg said:
I am not even sure that there was a short squeeze in Tesla.

I didn’t express myself well; I wanted to imply hedge funds lost big on an auto maker that day also.

destriero · Oct 25, 2019

He was short 1000s of calls and short the shares outright.

zdreg · Oct 25, 2019

destriero said:
He was short 1000s of calls and short the shares outright.

How much did the brokerage firm lose as the result of your friend's actions?

marameo · Oct 25, 2019

Basically never going to - partially - close the gap?!