Tesla and its short positioned traders

The chart below shows Tesla's share price rising 390 percent this year.
The blue line and the orange line represent the 'short interest' and 'short interest percent of equity float' which continues to decline as opposed to the stock price.
The surrender of short-selling forces is one of the factors pushing up Tesla's market capital. (Which are down more than 25 billion dollars this year amid the stock's record-breaking rally.

The ratio of short selling to the whole transaction was about 8 percent (the lowest ever) as of the end of last month, but it must have been lower now. However, Tesla is still the largest short in the U.S. market.

Tesla surpassed the $2,000 level for the first time ever. It is the ninth largest U.S. companies at this moment with the market capital of 382 billion dollars.  The short bets have lost another $619 million Friday as the stock continues to climb ahead of its upcoming five-for-one stock split.

Source 1: Traders betting against Tesla are down more than $25 billion this year amid the stock's record-breaking rally

https://markets.businessinsider.com/news/stocks/tesla-stock-price-rally-short-sellers-lost-billion-year-amount-2020-8-1029524656