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Hedge Funds Shorting Tesla Stock Lost Over $5 Billion: BBG

Tesla (TSLA) stock has been surging since President-elect Donald Trump secured a second term. However, not all investors benefit from this – especially hedge funds.

Hedge funds that held short positions in Tesla suffered collective losses of over $5 billion last week, according to a Bloomberg report.

Morning Brief co-hosts Seana Smith and Brad Smith break down the details.

For more expert insights and analysis on the latest market activity, read the Morning Brief here.

This post was written by Angel Smith