17:40 - 18.03.2025

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March 18, Fineko/abc.az. In three months, investors who bet on a drop in Tesla shares (short positions) made $16.2 billion in profit.

ABC.AZ informs that the reason given is that company's shares have halved, and its total market value has decreased by $700 billion.

Elon Musk's public statements (for example, about politics or other projects) scared off some of the buyers, which caused sales to drop.

JPMorgan lowered its target price for Tesla shares to $120 (it used to be higher), warning investors about the risks.

The company itself recognizes that conflicts between countries (for example, the United States and China) can affect its business.

Hedge funds collect investors' money and invest it in various assets.