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Tesla's earnings slump leaves short sellers with over $9B in paper gains this year

source: news (news:seeking-alpha)published 2026-07-24 07:59ingested 2026-07-24 08:14

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Tesla's earnings slump leaves short sellers with over $9B in paper gains this year

Jul 24, 2026, 3:59 AM ETTesla, Inc. (TSLA) StockMETABy : Preeti Singh, SA News Editor

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Tesla's (TSLA) steep selloff following its second-quarter earnings report delivered a windfall for investors betting against the electric vehicle maker.

Shares plunged 14.5% on Thursday, marking their biggest one-day decline in more than a year, after the company reported weaker-than-expected quarterly profit, renewing concerns

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