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Tesla Short Stanphyl Capital Hangs On Despite 2017 Loss

Gains on Elon Musk’s electric car maker lost short sellers $3.39 billion last year, sending Tesla bear Stanphyl’s YTD return down by double digits.

       Photo credit: Mark Kauzlarich/Bloomberg Tesla bears, though still ending 2017 deeply in the red, aren’t giving up. Take Mark Spiegel, one of the most vocal Tesla short sellers out there. Spiegel’s small New York-based hedge fund firm, Stanphyl Capital Management, ended the year down 12.4 percent, given its big Tesla short,

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