Tesla (TSLA) Short Sellers Have Been Largely Unprofitable Since 2010, Data Show

Tesla (TSLA) Short Sellers Have Been Largely Unprofitable Since 2010, Data Show

Image: 0xmilan

Tesla short sellers have been largely unprofitable since 2010, the data show. However, they continue to lose their money by making bad decisions for years on end.

Tesla shares have risen over 7,000% over the past 10 years, posting amazing performance. Despite this, a large number of investors have bet against the stock, going short. The data show that for many of them, it has come at a cost, as their trades have mostly been losing money for more than 10 years.

In 2022, Tesla posted its worst annual stock performance since going public in 2010, registering a 69% drop. This certainly pleased short sellers, who for the first time registered profits at the end of the year. However, in 2023, TSLA value has recovered, registering a 70% increase since the beginning of the year.

S3 Managing Director of Predictive Analytics, Ihor Dusaniwsky, posted the data collected by his firm on Twitter (via Benzinga). They showed how much short sellers have lost betting against Tesla since the company went public in 2010.

Here are the results, with the figures from 2010 to 2015 estimated. The numbers factor in the borrowing financing costs.

  • 2010 to 2015: -$5.91 billion
  • 2016 to 2018: -$5.75 billion, -65.4%
  • 2019: -$2.89 billion, -31.8%
  • 2020: -$40.68 billion, -224.3%
  • 2021: -$10.26 billion, -36.5%
  • 2022: +$15.85 billion, +83.8%
  • 2023 (to date): -$6.90 billion, -48.8%

Tesla's short sales have fallen $56.5 billion since 2010, according to Dusaniwsky.

© 2023, Eva Fox | Tesmanian. All rights reserved.


We appreciate your readership! Please share your thoughts in the comment section below.

Legal Disclaimer --

This article is for informational purposes only. You should not construe any such information or other material as an investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by Eva Fox, Tesmanian, or any third party service provider to buy or sell any securities or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction.

Eva Fox holds zero shares of Tesla, Inc., and currently (at the time of this article's publishing) holds zero options or securities in Tesla Inc. and/or its affiliates.

About the Author

Eva Fox

Eva Fox

Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.

Follow me on X

Reading next

Tesla Giga Mexico Will Be Built at Same Time as Another New Gigafactory, Gen 3 Car Production Should Start in 18-24 Months
Tesla Solves Shortage of Skilled Workers for Giga Berlin with Self-Training

Tesla Accessories