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Hedge funds shorting Tesla shares have lost more than  billion: BBG
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Hedge funds shorting Tesla shares have lost more than $5 billion: BBG

Shares of Tesla (TSLA) have soared since newly elected President Donald Trump secured a second term. However, not all investors are reaping the benefits, especially hedge funds.

Hedge funds shorting Tesla suffered collective losses of more than $5 billion last week, according to a Bloomberg report.

Morning Brief Co-hosts Seana Smith and Brad Smith explain the details.

For more expert insights and analysis on the latest market action, check out The Morning Brief here.

This post was written by Angel Smith