
Here’s how much Tesla stock plummeted since Michael Burry revealed bet against TSLA
Though it left Elon Musk and other Tesla (NASDAQ: TSLA) stockholders poorer, TSLA shares’ latest plunge proved highly beneficial for one of the most prominent bears and contrarians in finance: the legendary ‘Big Short’ trader Michael Burry. Specifically, the famous short trader revealed on Tuesday, June 30, that he made a bet against the electric vehicle (EV) company while it was trading at $416.22. At press time on Friday, July 24, Tesla stock is changing hands at $319.69 after a 16.16% weekly drop and a 14.52% plummet following the July 22 earnings report. Overall, the EV maker is down 23.19%…
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