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Short Sellers Are Making a Fortune as Tesla's Stock Collapses

They're making billions -- and Musk can't stop dragging the brand through the mud. Short Cake Tesla short sellers are making bank after CEO Elon Musk announced that he's doubling down on creating his own political party in the US, further shredding the brand and its tattered valuation. The company's shares slumped nearly seven percent on Monday, wiping out more than $68 billion in market cap. Investors who were shorting the EV maker — betting against its success, basically — were on track to

How to Spot Fake Reviews on Amazon: Tools and Advice

As the leading online retailer in the US and the UK, Amazon sells just about everything. (Like the logo says, from A to Z.) Whether you are shopping online for a cheap portable charger, eco-friendly cleaning supplies, or headphones for your kids, Amazon is likely your first stop. And when it’s time to choose between similar-looking products, most folks rely on user reviews. The trouble is that many Amazon reviews are fake. Unscrupulous or desperate sellers pay for glowing reviews, and some offe

Easy returns cause big trouble for Amazon sellers, but return rates show signs of slowing

In this article WMT AMZN Follow your favorite stocks CREATE FREE ACCOUNT Returns on Amazon are free and easy for shoppers, but they're risky and expensive for the small businesses that sell a majority of the goods on the world's biggest e-commerce site. Returns have driven some sellers to exit the popular Fulfillment by Amazon program, while others told CNBC they'd like to leave the platform altogether. At the heart of the problem is a big rise in returns fraud, which has led to customers mist