Tesla short sellers mint $4 billion profit as shares nosedive

The deep plunge in Tesla Inc.’s stock on Thursday is turning into a major payday for its short sellers.Shares of Elon Musk’s electric-vehicle maker fell as much as 15% Thursday, their worst intraday drop in more than a year, after second-quarter profit missed expectations and reignited concerns a...

First seen 3h ago · latest update 3h ago · India · business