Tesla short sellers have made $11.5 billion from this year's selloff

  • The 44% drop in Tesla's stock this year, as of Monday's close, has wiped out hundreds of billions of dollars in market cap, and generated $11.5 billion in mark-to-market profits for short sellers. It's been the most lucrative bet for shorts this year, ahead of Nvidia, whose drop has produced $9.4 billion in profits for short sellers.