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A comment on Tesla Enters “Whistleblower Hell”. Parent comment

Re:Tesla Enters “Whistleblower Hell” by AndrewBissell on Sunday July 21, 2019 @08:12PM (#20494546)
Shorting Tesla actually pays a rebate right now, because the stock is cheaper to borrow than the interest paid on the cash proceeds from selling it up front.
[ Parent | on HN ]
Re:Tesla Enters “Whistleblower Hell” by maest on Sunday July 21, 2019 @08:37PM (#20494623)
Tesla is one of the most shorted stocks around.

There is no way you can get a rebate just by shorting the name.

You're probably thinking of the rebate rate, which is the money received by people long Tesla who are lending it out.

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Re:Tesla Enters “Whistleblower Hell” by AndrewBissell on Sunday July 21, 2019 @08:59PM (#20494689)
Tesla is also one of the most widely held stocks around which means there is an ample float to borrow for shorting. Interactive Brokers pays a rebate.
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