
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.