Billionaire investor George Soros has reportedly cut ties with Elon Musk by liquidating all of his shares in Tesla according to a new report.
Regulatory filings show that Soros Fund Management, the hedge fund owned by the financier, sold off all Tesla shares acquired since the second quarter of 2022 according to TheStreet. That publication notes that “It is unclear what prompted Soros to sell all of his Tesla position,” and it is possible Soros’ oddly timed stock purchases resulted in massive losses.
Soros’ move comes as a surprise to investors, especially considering his investment strategy in the automotive industry had […]
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