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TechFlow news, November 11 — According to Jinshi Data, since Donald Trump won the U.S. presidential election, hedge funds that maintained short positions on Tesla have suffered billions of dollars in losses, hit by Elon Musk's close relationship with the president-elect. Data compiled by S3 Partners shows that from Election Day through last Friday’s closing, hedge funds holding short positions in Tesla incurred paper losses of at least $5.2 billion.
According to Jinshi Data, since Trump won the U.S. election, hedge funds that maintained short positions in Tesla have suffered billions of dollars in losses, hit by Musk's special ties with the president-elect. Calculations based on data compiled by S3 Partners show that from Election Day through last Friday's close, hedge funds holding short positions in Tesla incurred paper losses of at least $5.2 billion.
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