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Benzinga
Benzinga
Business
Wayne Duggan

Tesla Tops Auto Stocks For Short Sellers: How Do Ford, Nio, Lucid And Rivian Rank?

Rivian Lucid NIO Nasdaq Tesla Inc. Ihor Dusaniwsky Interest Rates NYSE

After several years of exceptional performance, Tesla Inc. (NASDAQ:TSLA) stock has taken a hard hit in 2022 as rising interest rates have triggered a rotation out of growth stocks.

Growth stock weakness has generated big profits for short sellers, and Tesla is among several auto industry stocks that have been home run trades for short sellers so far this year.

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