Dusseldorf The price drop in Tesla shares is one of the biggest stories of the financial year 2022: Since the beginning of the year, the shares of the e-car manufacturer have lost almost two-thirds of their value, just before Christmas they reached their lowest level since September 2020 at $ 121.02.
While this means painful losses for private investors, another group is benefiting: short sellers. This refers to investment professionals who bet on falling prices in order to benefit from it. Over the year, they have made a profit of around $15 billion in this way, according to an analysis by financial data provider S3 Partners.
Accordingly, speculation against Tesla is by far the most profitable short bet of the year. In second place is Amazon, where short sellers made $6.2 billion, and in third place, Meta, where they raked in $5.7 billion.
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