Billionaire fund manager unloads 600 million of Tesla stock [View all]
Tesla (TSLA) share prices may have rebounded over the past month, but that doesn’t mean investor confidence is moving in the same direction.
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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.
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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
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