Tesla shorts are having a much, much better year than in 2020
CNN
Those betting against Tesla shares are doing very well so far in 2021, following a disastrous 2020, as shares have lost about a third of their value over the last four months. There just are fewer people shorting the stock this time around.
Investors who want to bet on a stock dropping in value will do what is known as shorting the shares. Sometimes they do that by buying what is known as a "put option," which give investors the right to sell a stock at a specified price. While shorting a stock pays off if the stock price falls, it can cause unlimited losses if the stock price climbs. And in 2020, when Tesla (TSLA) shares soared 743%, it resulted in unprecedented $40 billion in losses for those shorts, according to analysis by S3 Partners.
Texas judge orders Attorney General Ken Paxton’s divorce records unsealed amid heated Senate primary
Court documents detailing the divorce of Republican U.S. Senate candidate and Texas Attorney General Ken Paxton and his wife, state Sen. Angela Paxton, were released Friday by order of a judge, months after she filed citing “biblical grounds.”
An oil and chemical tanker sanctioned by the United States has entered Venezuelan waters, ship tracking data showed, despite US President Donald Trump declaring a “total and complete blockade” of such vessels transiting the country.
The Justice Department’s partial release of its files related to Jeffrey Epstein on Friday marked a moment of triumph for Epstein survivor Maria Farmer and her sister Annie, who have said for years that Maria had filed one of the first complaints against Epstein in the 1990s.
‘Twas the week before Christmas in a Montreal store, when Santa stole groceries, then walked out the door.
The US struck multiple targets in Syria on Friday that the US military tied to ISIS as retaliation for the recent attack against American troops there that killed two service members, according to two US officials.
CNN is tracking delays and cancellations for flights traveling to, from or within the US using data from FlightAware. Data updates every 15 minutes.
Republican Rep. Elise Stefanik announced Friday she was ending her short-lived bid for governor of New York and would not run for another term in Congress.
In his latest effort to lower drug costs, President Donald Trump unveiled Friday “Most Favored Nation” pricing deals with nine more pharmaceutical companies.
At least seven Colombian soldiers were killed and 30 wounded Thursday when a guerrilla group attacked an Army base with drones and explosives, the military said.
The Supreme Court on Friday sided against the Trump administration, keeping alive a federal lawsuit from immigration judges who are attempting to challenge a policy that limits their ability to speak publicly.
The Department of Homeland Security announced its intention to pause a visa program intended to admit certain individuals to the United States, though it’s unclear whether it’s been suspended entirely.
New signage is being installed at Washington, DC’s performing arts center on Friday to include President Donald Trump’s name.
A simmering battle over the future of President Donald Trump’s political movement exploded on one of the right’s biggest stages Thursday, as prominent conservative influencers used Turning Point USA’s annual youth conference to attack each other and their competing visions.