Hedge funds shorting Tesla have lost more than $5 billion since Trump's election

since Trump won the US election, hedge funds that have persisted in shorting Tesla have lost billions of dollars, and Elon Musk's special relationship with Trump has had an impact on them. According to data compiled by S3 Partners, from election day to last Friday's close, hedge funds holding short positions in Tesla have suffered at least $5.2 billion in losses.