"Hedge funds that bet against Tesla have reportedly lost billions, according to recent reports. The losses highlight the risks involved in short-selling, a strategy where investors profit from a stock's decline. The financial implications of such bets can be significant, demonstrating the unpredictability of the market."

Source: https://www.bloomberg.com/news/videos/2024-11-11/hedge-funds-that-shorted-tesla-lost-billions-video