🤯Traders lost more than $3.5 billion shorting Tesla in two days. The same story will befall traders who hold short positions on $BTC

Owners of short positions in Tesla shares lost about $3.5 billion in the last two trading sessions against the backdrop of the company's rising stock price.

Tesla shares rose 17.4% in NASDAQ trading since the close on July 1, closing at $246.39 on July 3. CNBC writes about it.

On July 4, the NYSE and NASDAQ exchanges were closed in connection with the national holiday in the United States for the celebration of Independence Day. Since hitting a one-year low on April 22, Tesla shares have soared 77.5%.