Shares of electric vehicle company Tesla Inc (NASDAQ: TSLA) are up more than 7,000% in the last 10 years. Despite the strong gains the stock has shown, a large number of investors have bet against the stock by going short, which has been a costly move for many.
General Motors Co (NYSE: GM) robotaxi unit Cruise is eyeing cost cuts this year as mounting losses in the autonomous vehicle companies sparked investor concerns.