Tesla Short Sellers: Lost $50 Billion
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Betting against Elon Musk can be expensive.
In 2020, there was a lot made of short sellers losing over $20 billion by going against Tesla. It is now coming out they have lost an additional $30 billion since then.
In this video I discuss how going against Musk, no matter how you feel about him, is bad business. Remember when Bezos and him were racing for satellite Internet? Where is Blue Origin now with it?
Exactly.
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