Billionaire fund manager unloads 600 million of Tesla stock

[Yo_Mama_Been_Loggin]

Tesla (TSLA) share prices may have rebounded over the past month, but that doesn’t mean investor confidence is moving in the same direction.

-snip-

Despite the momentum TSLA stock has seen recently, the company has failed to demonstrate any sustainable growth, typically falling again as quickly as it rises. This indicates that in an uncertain economy, it is not as well-positioned to overcome shifting market tides as some of its big-tech peers.

Declining sales aren’t the only factor compromising Tesla stock, though. Recent reports indicate prominent investors are slashing their positions in the unstable company.

-snip-

One hedge fund in particular made some critical moves during the first quarter of 2025. Coatue Management, founded by billionaire investor Philippe Laffont, recently offloaded a sizeable portion of its Tesla holdings. Based on 13F filings, the investment firm trimmed its position by 600,000 shares, reducing it from 2.2 million to 1.6 million.

https://www.msn.com/en-us/money/topstocks/billionaire-fund-manager-unloads-600-million-of-tesla-stock/ar-AA1EZKxX

[edhopper]

1. Somebody gets it

it's not a tech company. It is an automaker with a PE 10x what it should be.
Musk cannot deliver any new technology, just the promise of one.
He's "Professor" Harold Hill.

[SheltieLover]

3. The co has not dumped fleaon yet, I take it?

[Igel]

7. At the same time, Laffont donates rather heavily to (D).

Buttigieg, Harris, Win the Era.

Coatue is heavily into ESG.

Could be a purely financial move, could be a purely political move, most likely it's a combination of both because attitudes can easily affect analyses.

[SheltieLover]

2. ...

[D_Master81]

4. It'll be 2030 and

In 5 years we’ll still be hearing all these bold predictions about what Tesla is going to be in the future. It was 2020 when we started to hear this argument from the likes of Kathy Wood that Tesla was going to have all these robo taxis and self driving cars along with data on all of these roads around America. Yeah they have some of that but it’s ridiculous that this company is valued up there with the likes of Google and Facebook

[Yo_Mama_Been_Loggin]

5. Uh huh

https://m.

&pp=ygUKam9obm55IGNhYtIHCQmNCQGHKiGM7w%3D%3D

[fujiyamasan]

6. That woman is crazy

She keeps losing her investors money and worships Musk.

[ProfessorGAC]

8. Is There An Error Here?

The title says $600 million, but the article says 600,000 shares.
At $380 something a share, that would be $230+ million.
I'm confused.