Tesla's stock price fell sharply on Thursday, and shorters are expected to make a big profit. The share price of the electric car manufacturer headed by Elon Musk fell 15% on Thursday, the biggest intraday decline in more than a year. Previously, the company's second-quarter profit fell short of expectations, once again raising market concerns about its artificial intelligence and robotics ambitions. Ihor Dusaniwsky, managing director of S3 Partners, said that with this round of sell-off, investors betting on the fall in Tesla's stock price can expect a single-day market profit of about 4.12 billion US dollars. According to S3 data, about 3% of Tesla's shares were sold short.

Tesla's stock price fell sharply on Thursday, and shorters are expected to make a big profit. The share price of the electric car manufacturer headed by Elon Musk fell 15% on Thursday, the biggest intraday decline in more than a year. Previously, the company's second-quarter profit fell short of expectations, once again raising market concerns about its artificial intelligence and robotics ambitions. Ihor Dusaniwsky, managing director of S3 Partners, said that with this round of sell-off, investors betting on the fall in Tesla's stock price can expect a single-day market profit of about 4.12 billion US dollars. According to S3 data, about 3% of Tesla's shares were sold short.