Home » today » Business » Tesla refreshes high! 2020 epic skyrocketing Air Force loses 38 billion U.S. dollars | Anue Juheng-US stocks

Tesla refreshes high! 2020 epic skyrocketing Air Force loses 38 billion U.S. dollars | Anue Juheng-US stocks

On Thursday (31st), Bloomberg reported that the U.S. air forces who shorted Tesla and Apple in 2020 have suffered heavy losses. According to data from S3 Partners, Tesla and Apple’s air forces will lose 38 billion and 70% respectively in 2020. BillionUSD

Tesla (TSLA-US) Rose more than 1.57% to 705.67 per share on Thursday USD, A record high.Tesla has become a big stock in 2020, its stock price has soared by more than 730%, and its market value has risen to 668.9 billionUSD. Due to the undocumented epidemic financial report and the higher-than-expected vehicle delivery volume, the inclusion of the U.S. S&P 500 index and other bulls have driven Tesla’s share price soaring.

In addition, the pressure of the short squeeze has forced short positions to liquidate and cover short positions, which has also driven Tesla’s stock price higher.

Jim Chanos, a well-known big short at Kynikos Associates, said in early December 2020 that he had been short Tesla by a large margin in the past five years, but this year’s record has been tragic, and he has reduced the size of his short Tesla funds.

Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners, a financial analysis agency, said: “The total market value loss of Tesla short sellers is the highest in (2020), and it is also the largest annual loss I have ever seen.”

It is worth mentioning that young retail investors will invest in trading platforms such as Robinhood in 2020, chasing Tesla with a gambler-like adventurous spirit.

Ihor Dusaniwsky said that compared with other stocks, Tesla’s biggest advantage is that most retail investors will never be short. They like Tesla stocks, electric cars, and (Tesla CEO) Musk. Steady Tesla shareholder.

The next potential catalyst for Tesla’s stock rise is expected to appear in early January. It is expected that the fourth quarter electric vehicle delivery data will be announced next week, which will reveal whether Tesla can reach the goal of 500,000 vehicles.

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