New York, Dusseldorf It’s difficult to make money in the stock market right now. However, high profits are currently possible in the shares of e-car manufacturers such as Tesla, Rivian and Lucid. However, it is different from what shareholders and companies might have hoped for.
Hedge funds have already made billions here this year betting on falling prices. This is shown by data from S3 Partners, which is exclusively available to the Handelsblatt. The analysis house evaluated real broker data for this.
Accordingly, the professional investors, also known as short sellers, earned ten billion dollars this year alone when Tesla shares crashed. Rivian is $2.8 billion and Lucid is $1.9 billion.
Tesla, Rivian and Co. targeted by short sellers
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