Apple takes Tesla’s crown as most shorted stock in the world

Tesla’s stock went on a massive run, and people shorting the stock have cumulatively lost tens of billions of dollars. S3 Partners Research, a firm specializing in short interest, reported that the short position on Apple has surpassed Tesla’s for the first time. For years, Musk and fans have been complaining about the massive amount of money being invested against the company’s stock, but for the first time in a long time, it looks like shorts are losing interest in the automaker.

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