Tesla shares soars, dealing short-sellers a $1.7 billion loss

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Tesla Inc shares soared 16 percent on Thursday, a day after the automaker’s better-than-expected quarterly report, and financial expert firm S3 Partners stated short-sellers were slammed with $1.7 billion in paper losses on the day. S3 stated the day’s losses pushed the aggregate year-to-date performance of short-sellers in automaker into the red. Short-sellers aim to […]