Tesla released its 2022 financial report yesterday, and revenue and profits soared, driving Tesla’s stock price up 10%, which also caused Musk’s enemies, the shorts who shorted Tesla, to suffer heavy losses. Lost $1 billion. According to financial analysis firm S3 Partners, Tesla’s stock price rose sharply on Thursday alone, and the shorts of the stock have lost more than $1 billion in terms of Tesla’s market value. That brings their cumulative loss for the month to $2.67 billion, according to S3 Partners. Tesla shares have risen for seven straight sessions, closing up 9.78% on Thursday to end at $815.120, the highest level since May 6. However, Tesla is still the largest listed company that has been shorted in U.S. stocks. The shorts who shorted Tesla are still making a lot of money as a whole, and they are expected to make more than $6.34 billion in profits this year. Tesla Motors’ second-quarter revenue was $16.934 billion, an increase of 42% compared with $11.958 billion in the same period last year; net profit was $2.269 billion, compared with $1.178 billion in the same period last year. .
[related_posts_by_tax taxonomies=”post_tag”]
The post Tesla’s stock price rose 10%, “enemies” are miserable: a loss of $1 billion in one day appeared first on Gamingsym.