Tesla is crushing the stock market — even as traders are betting big against it (TSLA)

elon musk

  • Tesla‘s stock has soared 45% since its 2018 closing low in early October. The S&P 500 has fallen 9% over the same time.
  • Tesla is the most heavily shorted US-listed stock, according to data from S3 Partners.
  • Watch Tesla trade live here.

Even as Tesla remains the most shorted US-listed stock, it’s beating the broader market by a mile.

Tesla has soared 45% since putting in its 2018 closing low of $250.56 in early October. The S&P 500 has fallen 8% over the same time. Shares are now trading near $366, about 6.6% below their all-time high hit in June 2017.

All the while, Tesla remains the most heavily shorted stock in America, measured by short interest in US dollars, according to S3 Partners, a financial technology and analytics firm. Much to the chagrin of CEO Elon Musk, investors currently have a short position of nearly $10.4 billion, according to the firm’s analysis.

Musk has been infamously vocal about short sellers targeting his company. “These guys want us to die so bad they can taste it,”

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