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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, w
by maest 7y ago
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.
- AndrewBissell 7y agoTesla 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.