[CNMO News] Previously, Musk intended to acquire overseas social media platform Twitter, which caused a lot of fierce reactions. At present, the acquisition case with a total amount of more than US$40 billion has been suspended by Musk himself, and the two sides seem to be prepar

[CNMO News] Previously, Musk intended to acquire overseas social media platform Twitter, which caused a lot of fierce reactions. At present, the acquisition case with a total amount of more than US$40 billion has been suspended by Musk himself, and the two sides seem to be preparing for a court game. As Tesla CEO, Musk's move has also greatly affected Tesla. As the world's highest market value car company, Tesla's stock price has generally declined in the past period of time. Although Tesla has stabilized its throne of the highest market value, many people have also gained a lot of wealth from shorting Tesla.

Musk

However, recently, according to reports, after Tesla released its second quarter financial report, thanks to the beautiful data - revenue was close to US$17 billion, a year-on-year increase of 42%; net profit exceeded US$2.2 billion, a year-on-year increase of 98%; total electric vehicle production was close to 260,000 units, a year-on-year increase of 25%. Tesla's stock price rose sharply within the second day after the financial report was announced, with an increase of nearly 10%. This situation has caused a large number of traders who short Tesla.

It is reported that Tesla is currently the stock that has been shorted the most on Wall Street, with nearly 3% of its outstanding stocks being short positions. According to relevant data, on Thursday local time, Tesla short sellers suffered book losses of more than US$1 billion (equivalent to about RMB 6.7 billion), with a total loss of more than US$2.6 billion (equivalent to about RMB 17.6 billion) this month.