Tesla's stock has rallied this year, gaining as much as 230% on solid vehicle delivery numbers and a slew of Wall Street upgrades.A
In the same timeframe, traders betting against Tesla have notched $18.08 billion net-of-financing mark-to-market losses, according to data from financial-analytics firm
S3 Partners.A
A solid part of those losses occured in June and July, according to S3. Tesla short-sellers lost $3.71 billion in mark-to-market losses in June and $4.08 billion in July.A
Watch Tesla trade live on Markets Insider.
Read more on Business Insider.A Traders betting against
Tesla have lost billions of dollars this year as the stock surged to
multiple fresh highs.
Tesla short-sellers have notched $18.08 billion in net-of-financing mark-to-market losses amid the company's more than 230% rally, according to data released Thursday from
S3 Partners, a financial-analytics firm.A
The rally was fueled by
solid vehicle delivery numbers and a
slew of Wall Street analyst upgrades. Next, all eyes will be on the automaker's quarterly profit report July 22.A
