Hedge funds that bet against Tesla Inc. are rethinking their strategy after suffering massive losses in recent days. The short positions, which were triggered by Donald Trump’s re-election, have left hedge fund managers wary of being burned again. According to data compiled by S3 Partners, the remaining short positions now represent just 2.5% of Tesla’s publicly traded shares, significantly lower than the historical average of around 23%.
Source: https://www.bloomberg.com/news/articles/2025-03-19/hedge-funds-burned-by-wrong-way-tesla-bets-plot-next-steps