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Hedge funds hit by Tesla shorts

July 9, 2024 : Permanent Link

(Hedgeweek) Hedge funds that bet against Tesla have been hit hard by a substantial rally in the company’s share price, with 18% of over 500 hedge funds tracked by Hazeltree holding short positions in Tesla by the end of June, up from 15% at the end of March, according to a report by Bloomberg.

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