Billionaire Investor George Soros' Fund Dumped Its Entire Tesla Stake - Cashing Out On the EV's Maker's 2023 Rebound

15 May 2023 | Abstracted from Business Insider

"Soros Fund Management had gradually added to its holdings of Tesla stock during the second quarter of 2022, holding around 132,000 shares by the end of last year...the fund likely enjoyed significant gains from the surge in the EV maker's stock price this year.

"Soros' fund also cut its holdings in electric-vehicle startup Rivian Automotive, and held 3.58 million shares at the end of the first quarter."

ADDITIONAL RELATED NEWS LINKS

• Ross Gerber Lauds Tesla's Clean Energy Solution: "Gas Is Stupid At This Point"


• Tesla Is Lapping Germany’s Automakers in the Global EV Race


• Cybertruck Smokescreen? Analysts Ring Warning Bells On Tesla Margins


• Only Tesla's Ready To Shift to Electric Cars


• Tesla Breaks Deliveries Record As Elon Musk's Price Cuts Have Desired Effect: "It's A Big Bet"


• Analysts Debate Outlook for Tesla Amid Price Cuts


• Elon Musk's 'Ticking Tax Time Bomb'


• Tesla Model 3 Modified By Evasive Motorsports Will Compete in Pikes Peak Hillclimb


• A Giant Fund Bought EV Stocks NIO and Tesla, and Intel. Here's What It Sold.


• CM Yediyurappa Announces Tesla To Set Up Electric Car Manufacturing Unit In Karnataka State, India