Tesla Inc's short sellers have suffered $3 billion in losses since the end ...
) short sellers have suffered $3 billion in losses since the end of 2018, including a $500 million hit on Friday after the electric carmaker’s quarterly deliveries beat investors’ expectations and drove its stock to a record high.
Tesla said on Friday it delivered 112,000 vehicles in the fourth quarter, beating expectations of 104,960 vehicles, according to IBES data from Refinitiv. It delivered approximately 367,500 vehicles during all of 2019, just meeting the low end of its target to deliver 360,000 to 400,000 vehicles. Tesla on Friday said it demonstrated a production run-rate capability of more than 3,000 units per week at the Shanghai factory.
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