Sure, but they didn't start from zero. If you sold short at $350 the amount to c... | Hacker News

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jonknee on Aug 7, 2018 | parent | context | favorite | on: Taking Tesla Private

Sure, but they didn't start from zero. If you sold short at $350 the amount to cover is $70. Options are also a common way to hedge, so it's really hard to say what the total loss would be.

joezydeco on Aug 8, 2018 [–]

True. I guess I was looking at the total purchase needed to cover all shares.

If there aren’t enough shares available to cover, could the price exceed $420?

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