The Short Squeeze That Refuses to Bite Elon Musk's Twitter feed has been filled with boasts about the impending doom of short sellers who bet against Tesla.
Two years ago, he confidently declared that anyone betting against the company would eventually face financial ruin. However, his prediction appears to have been nothing more than hot air.
Despite Musk's bravado, data from S3 Partners reveals a stark reality: short sellers have accumulated $9 billion in unrealized gains this year alone.