Short-sellers continue to profit off their positions in Tesla, although one fund is bemoaning its missed opportunity after trimming the position in May. Aristides Fund LP was down 1.05% in May, while Aristides Fund QP, LP declined 0.95%. Year to date, Aristides Fund LP is up 4.01%, while the QP, LP fund gained 4.17%. The fund had a record $130.9 million in assets under management as of the beginning of this month.
Q1 hedge fund letters, conference, scoops etc
Trimming their Tesla short
In his June 3 letter to investors, which was reviewed by ValueWalk, Managing Member Christopher Brown said he...
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