The person above claimed that people "lost their shirts" shorting Tesla. Clearly if they were down within normal trading hours, some of those shorts would have paid out. That was what I was responding to.

The fact that Tesla rebounded after hours is neither here nor there. The shorts may have already paid out.

If someone shorted TSLA going into earnings, they probably lost money. It's up 10% in a month, and it's up in after hours today. It doesn't matter if it dipped a little today (as stocks often do before earnings). It's practically at an all time high.

Unless they shorted it in the morning and closed out their position by the end of the day it's highly unlikely they made money on it.

Check out the run up in the last month. People shorting were shorting at under $220-230/share. It's now hovering at $280.

http://blogs.barrons.com/stockstowatchtoday/2017/02/07/tesla...

And now down 6% after the market opened... Shorts are having a great day.