Including early gains Monday, Tesla has added almost $300 billion in market value since the Nov. 5 presidential election.

Tesla short-sellers lost $7.8 billion after a 38% post-election surge in shares of the EV maker. Tesla was a popular "Trump trade" and is seen as a beneficiary of a second Trump term. Tesla is the third largest short in the stock market, with $25.6 billion in short interest.

Investors betting against Trump Media & Technology Group have lost $420 million since the stock began tracking the election odds of Donald Trump, according to a report released on Wednesday by financial analytics firm S3 Partners.

Tesla runs out of gas. The only piece of news that would have directly weighed on the stock was Hertz's announcement that it continues to see weak demand for EVs and will sell 30,

As Tesla stock continues its rally on the heels of Donald Trump’s election win, short-sellers are feeling the pain.