Billionaire George Soros' firm dumps its entire Tesla stake

Billionaire investor George Soros' firm has dumped its entire stake in Tesla, regulatory filings showed. It also cut its holdings in Tesla-rival Rivian in the first quarter. Soros bought shares in Tesla in 2022, and bought $35 million of Tesla convertible bonds in 2018. The firm added new positions in Walmart, Netflix and China's JD.com during the first quarter.