New York (CNN Business) This has got to make Tesla CEO Elon Musk happy: In the last seven months, short positions on Tesla shares have lost $8.4 billion, according to S3 Partners, a financial analytics firm. The second biggest loss for short sellers came at Apple shares, where they lost just under $6 billion in the same period. Apple AAPL Tesla TSLA Butis a much larger company and the short positions on it are much, much smaller than those on. Short selling accounts for about 21% of Tesla stock sales currently, compared to about 1% of Apple shares. Tesla shares have been on a run lately, inflicting pain on the the short sellers' positions.

Source: CNN January 04, 2020 16:18 UTC