George Soros snapped up Tesla stock during Elon Musk's Twitter antics

stock last quarter, meaning it likely benefited from the surge in the electric-vehicle manufacturer's stock price this year.

Soros Fund Management bought about 42,000 Tesla shares in the three months ending December 31, lifting its stake by 47% to around 132,000 shares, according to aThe fund also purchased bullish call options — which allow it to buy more shares at a fixed price before a particular date — on another 200,000 shares of the Elon Musk-run automaker.

Excluding those options, the value of the fund's Tesla position actually fell 32% to $16.3 million in the fourth quarter of 2022.concerns about CEO Musk's chaotic Twitter takeoverBut Tesla has rallied 58% this year, likely netting Soros significant gains. Investors have warmed to the stock following a robust fourth-quarter earnings performance and investors' expectation that the cost of borrowing will start to fall before the end of the year.

Good news

Why doesn't he face the judgment of God yet?

merissahansen17 '...as elonmusk antics weighed on the automaker's shares?' So what Elon does is 'antics, ' and what the left wing loons did at Twitter was brilliant?

Political ideology does not get in the way if making money presents an opportunity.

You have one whale decide to own the stock and sure enough it goes up! Just like BlackRock buying into the cryptocurrency b******* and Tesla, but neither of those entities are going to fly in the long run.

This has to be super confusing for the Anti-Soros Pro-Musk RW crowd.

soros is an economic terrorist and enemy of all free people everywhere

This would be a good time for Soros to boot Musk from the Board of Telsa - just saying.

There goes Tesla, or Musk from Tesla.

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George Soros loads up on Tesla and these other beaten-down stocksBillionaire investor George Soros appeared to remain bullish on Tesla — and some other beaten-down names — as the year came to a close. Manipulation. Prosecute this evil criminal Soros might have dumped $TSLA and $ARKK already. Pump and dump
Source: MarketWatch - 🏆 3. / 97 Read more »

I was a Tesla fan but I feel duped by Elon Musk's FSD claimsI was a Tesla fan but I feel like I've been duped by Elon Musk's self-driving claims. I'll never buy another Tesla again. It's level 2 ADAS at best WholeMarsBlog Lol
Source: BusinessInsider - 🏆 729. / 51 Read more »