'Totally destroy': How investors are making billions by 'causing huge damage' to Tesla

'Totally destroyed': Investors rake in billions by 'causing huge damage' to Tesla

The stock price for Tesla — South African centibillionaire Elon Musk's electric vehicle company — has continued to tank in financial markets. And some investors are raking in huge windfalls at Tesla's expense.The Guardian recently reported that while Musk's net worth is still in excess of $300 billi...

'Totally destroy': How investors are making billions by 'causing huge damage' to Tesla

The stock price for Tesla — South African centibillionaire Elon Musk's electric vehicle company — has continued to tank in financial markets. And some investors are raking in huge windfalls at Tesla's expense.The Guardian recently reported that while Musk's net worth is still in excess of $300 billion, his stake in Tesla is no longer his most prized asset given the precipitous drop in the company's share price. As of closing time Tuesday, Tesla …

One man's loss is another man's gain: According to a report in the Financial Times, short sellers earned $16 billion from the recent crash of Tesla shares.

Tesla shares are steadily falling and Elon Musk is losing billions of dollars. In the eyes of millions of Americans, he has damaged himself with radical savings in the state administration, a number of controversial statements and simply by participating in the Donald Trump administration. The president is coming to the aid of his favorite in trouble. A somewhat shameful pose near Musk's electric cars is just the beginning. "That's beautiful, ev…