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Billionaire George Soros' firm dumps its entire Tesla stake
short by Aishwarya Awasthi / on Monday, 15 May, 2023
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.
read more at Reuters