Most investors make money by buying securities in anticipation that their prices will rise over time, and then selling them at a profit later. This is known as ‘going long’. Contrarily, short selling is a way to make money in a bearish market by betting that a security will decline in value. Beneath the surface of seemingly altruistic efforts, short sellers possess a profit motive, aimed at profiting from impending drops in securities prices.
Tom Lee still sees Tesla as one of his best stock picks for the next 3-5 years even after reaping a profit of more than 300% in six months.
An EU regulatory filing spotted by Breakout Point shows Carson Block's hedge fund has a short position of 5% of Solutions 30's stock.