Saudi Arabia fund dumped 99.5% of its Tesla shares in the fourth quarter

Saudi Arabia fund dumped 99.5% of its Tesla shares in the fourth quarter

As per reports, the Saudi Arabia Public Investment Fund sold nearly all the shares of Tesla it owned in the fourth quarter of last year. The fund now holds about 39,000 shares of the stock after selling 99.5% of its holding last year, according to public filings. The fund held more than 8.2 million shares by the end of the third quarter of 2019.

Nomad
Nomad
IvoryDove
IvoryDove 1 months

US Corporations that have foreign shareholders can still donate unlimited sums to our political campaigns... Foreign unions like SEIU can still donate unlimited sums to our political campaigns... Let that sink in.

Hannibal
Hannibal 1 months

That's because they're soaking the suckers. Tesla is a bubble for any rational investor to see.

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