Posted on 05/14/2023 7:34:26 PM PDT by E. Pluribus Unum
What's Tanking Tesla Stock? Billionaire George Soros Cuts His Ties to Elon Musk The famed short seller sold all his Tesla shares in Q1, acquired gradually since the second quarter of 2022. LUC OLINGAMAY 13, 2023 10:52 AM EDT Elon Musk won't see a famous face at the Tesla shareholder meeting being held in Austin, Texas on May 16.
Musk's billionaire peer George Soros, the most famous short seller in the world, won't be attending the Tesla shareholder meeting, since he is no longer a shareholder of the electric vehicle manufacturer as of March 31.
According to regulatory filings, Soros Fund Management, the financier's hedge fund, liquidated all Tesla shares acquired since the second quarter of 2022. The hedge fund had surprised everyone by adjusting its investment strategy in the automotive industry starting that quarter.
(Excerpt) Read more at thestreet.com ...
Someone needs their ties with oxygen cut.
I doubt very much if Soros even got a single Covid shot. The elites laughed when the idiot masses stood in line for jabs.
No booster death for him. He got the good stuff.
Is he our Francisco Franco?
Just consider the source. Pretty good chance it’s a fake without going further.
No. They got the good stuff.
Forget the politics for a minute. Consider the fact that the strategic managers of Soros’ hedge fund recognize that EVs in general and Tesla in particular are overhyped. They are still not selling easily to the general market who prefer for many reasons ICE vehicles. GM, Ford and VW cannot sell enough vehicles to make any profit on its huge EV capital investment. Tesla depends on a niche market for its sales. They and Tesla are cutting prices and still can’t move what they produced. Tesla is also overextended and bogged in China. Without access to loans based on its stock value, Tesla would collapse.
The hiring of this WEF cog Yaccarino at Twitter says volumes regarding Musk’s financial difficulties. If Tesla stock declines due to economic realities, he will not be well.
Tesla makes money (a large margin) per vehicle. They are doing just fine. The competition loses money for every vehicle they sell.
private companies don’t have shares ... elon musk owns twitter lock stock and barrel ... investors made loans to him personally to buy the company ... they did not buy shares in twitter ... the lenders don’t own any part of the twitter ...
this whole article is a complete fake ...
That never has happened to any ultra-rich individual.
Unfortunately.
It would be nice if the entire Soros family was liquidated.
I would not shed any tears.
I’m sure.
Must be time to buy Tesla stock if Soros was artificially keeping the price down by dumping his shares
2. Why wait?
cuts his throat was more of what I was hoping for
His son is already taking the reins. This evil isn’t going to die with a single person.
Sidewinders are anti air. Unless George is in a plane, not likely
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