bears
  • Tesla short sellers have lost $7.2 billion during 2023, according to data analytics firm S3 Partners. 
  • The EV maker's stock jumped 86% year-to-date amid a broader tech rally. 
  • Ten of the most-shorted stocks delivered nearly $17 billion in total losses this year, including Meta and Apple.

Investors betting against Tesla are feeling the pain as the electric vehicle maker's stock notches double-digit gains in 2023.

Short sellers have taken $7.2 billion in mark-to-market paper losses as of Thursday, according to data analytics firm S3 Partners, while the Tesla stock soared 86% since the start of the new year.

And 10 of the most-shorted stocks delivered nearly $17 billion in total losses this year, including Meta Platforms and Apple.