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The Nexus
BUSINESSJul 24 · 12:20 UTCQUARTZCris Tolomia

Tesla short sellers pocketed $4 billion as the stock plunged after an earnings miss

Tesla stock fell as much as 15% on Thursday, its worst intraday drop in more than a year, after second-quarter profit missed Wall Street expectations. Short sellers pocketed $4 billion from the stock's decline.

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