Tesla call options soar on Musk tweet, short-sellers hit
Uber doubles down on freight business
August 7, 2018Tesla buyout would add to year of pain for short-sellers
August 7, 2018This post was originally published on this site
Some nimble traders in Tesla Inc’s options made massive paper profits on Tuesday, while short-sellers were hit with about $1.3 billion in paper losses after Tesla Chief Executive Elon Musk tweeted he was considering taking the company private at $420 a share.