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Tesla in Shock: Billionaire Sells Shares

Summary by Euro Weekly News

You’d think betting on electric cars would still be cool in 2025. But one of the big-money hedge funds, Coatue Management, just gave Tesla the boot – selling over half a million shares. They also trimmed their Nvidia stake, another tech darling. And what did they buy instead? Philip Morris. Yes – the cigarette company. And surprisingly, this move wasn’t just about profits. Source

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Euro Weekly News

Tesla in shock: Billionaire sells shares

You’d think betting on electric cars would still be cool in 2025. But one of the big-money hedge funds, Coatue Management, just gave Tesla the boot – selling over half a million shares. They also trimmed their Nvidia stake, another tech darling. And what did they buy instead? Philip Morris. Yes – the cigarette company. And surprisingly, this move wasn’t just about profits. Source

7 days ago·Spain

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williamsnews.com

Reposted by

verdenews.com

Billionaire fund manager unloads 600 million of Tesla stock

Wall Street sentiment toward Elon Musk is rapidly decreasing.

8 days ago

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williamsnews.com broke the news in 8 days ago on Sunday, May 18, 2025.

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