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Zenger
Zenger
Technology
Shanthi Rexaline

Tesla’s Short Interest Hits Record High Amid Slumping Stock

Tesla, Inc. (NASDAQ:TSLA) shares have been mired in a slump since the electric vehicle pioneer’s third-quarter results were unveiled in mid-October. Data from S3 Partners Managing Director Ihor Dusaniwsky indicates that bearish bets on the stock have been on the rise. MICHAEL SILUK/GETTY IMAGES

Tesla, Inc. (NASDAQ:TSLA) shares have been mired in a slump since the electric vehicle pioneer’s third-quarter results were unveiled in mid-October. Data from S3 Partners Managing Director Ihor Dusaniwsky indicates that bearish bets on the stock have been on the rise.

What Happened: Short interest in Tesla stands at $18.36 billion, making it the world’s most valuable short, according to Dusaniwsky. 

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