Tesla CEO Elon Musk is pictured here speaking in Italy in December. Short sellers lost more money betting against Tesla than any other company last year.
Mandatory Credit:	Antonio Masiello/Getty Images

Tesla CEO Elon Musk is pictured here speaking in Italy in December. Short sellers lost more money betting against Tesla than any other company last year.
Mandatory Credit: Antonio Masiello/Getty Images

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Short sellers lost more money betting against Tesla than any other company last year

Here’s something sure to make Elon Musk smile – short sellers, those investors who placed bets that the value of Tesla shares were going to go down, lost a combined $12.2 billion last year, more than short sellers lost on any other company in 2023.