Mark Spiegel’s Stanphyl Capital is coming back from the depths of its Tesla-short-induced misery.
This year, the hedge fund is up 19.6 percent through April, bouncing back from a disastrous 2020, when it fell 11.5 percent as Tesla shares skyrocketed.
Still, its Tesla short has been expensive for Stanphyl since Spiegel put on a massive position in 2016, which Institutional Investor first reported on in 2017.
