Home News/Articles Want To Know How Much Money Tesla Short-sellers Have Lost In 2019?

Want To Know How Much Money Tesla Short-sellers Have Lost In 2019?

Stock Market traders shorting Tesla’s stock have lost approximately $2.9 billion since the end of 2018, according to analytics firm S3 Partners.

Want To Know How Much Money Tesla Short-sellers Have Lost In 2019?  Want To Know How Much Money Tesla Short-sellers Have Lost In 2019? 5
Want To Know How Much Money Tesla Short-sellers Have Lost In 2019?

stock market traders shorting electric car manufacturing company Tesla’s stock have lost approximately $2.9 billion since the end of 2018, according to analytics firm S3 Partners.

According to S3 Partners’ Ihor Dusaniwsky, at the end of 2019, The Tesla short-sellers lost $2.9B on a MTM (Mark to Market) basis.

S3 data also shows that short-sellers are down $330,000 MTM in the first few trading days of January.

“$TSLA short int is $11.89bn ; 27.64mm Shares shs; 20.65% of float; 0.30% borrow fee. Shs shorted down -920k shs, -3.2%, over last 30 days as price rose +28% & up +240k shs,+0.9%, last week. Shorts down -$2.92bn in 2019 mark-to-market losses; down -$330k in January 2020,” Ihor Dusaniwsky on 3rd January wrote on his Twitter page.

Tesla on 3rd January crossed $80 billion in market value.

The electric car manufacturer added approximately $48 billion to its Market Cap in just 7 months as its shares climbed 150 per cent.

With this achievement, the Tesla is now worth $28 billion more than General Motors and more than twice of Ford.

After a decade in the market, Tesla ranked as the world’s Best-selling plug-in passenger car manufacturer in 2018, both as a brand and by automotive group, with 245,240 units delivered and a market share of 12% of the plug-in segment sales.

The sales of Tesla vehicle in the United States surged by 280% from 48,000 in 2017 to 182,400 in 2018, and globally were up by 138% from 2017.

As of October 2018, Tesla’s sales represented about 20% of the all-electric cars on the world’s roads, according to Navigant Research.

In 2017, the company had a US$52 million Marketing Budget and used a referral program as well as word of mouth to attract buyers.