Elon Musk Foils Short Sellers. Again.

Investors betting against Tesla are carrying some $20 billion in paper losses this year.

(Luke MacGregor/Bloomberg)

(Luke MacGregor/Bloomberg)

Tesla short sellers got another blow when Elon Musk’s electric carmaker announced a five-to-one stock split after the market’s close Tuesday, and shares soared more than 13 percent to close Wednesday at $1,554.76.

Seabreeze Partners President Doug Kass may have been one of the few short sellers who got it right — in more ways than one.

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