Tesla short sellers lost $38 bn in 2020 as shares surged 730%
Tesla short sellers lost over $38 billion in mark-to-market losses this year as the electric vehicle maker's shares surged over 730%, according to data from S3 Partners. The next-biggest loss for short sellers was on Apple at $7 billion. This "is the largest yearly mark-to-market loss I have ever seen," Ihor Dusaniwsky, Managing Director of S3 Partners said.