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Saudi Arabia's wealth fund sold nearly all its Tesla shares before the 112% rise
- boznz 7y agoKarma's a bitch!
- JohnFen 7y agoSince Tesla's share price suddenly fell by 20% today, this may be a premature declaration. https://www.cnn.com/2020/02/05/business/tesla-stock-falls https://www.cnn.com/2020/02/05/business/tesla-stock-falls
- maroonedanchor 7y agoWhile it did lose a decent chunk today, it is still up over 70% year to date. But certainly enjoy the Bloomberg article reminding Tesla of gravity: https://www.bloomberg.com/news/articles/2020-02-05/musk-loses-5-9-billion-as-tesla-succumbs-to-the-laws-of-gravity?srnd https://www.bloomberg.com/news/articles/2020-02-05/musk-lose...
- naveen99 7y agoI guess these sovereign wealth funds are the real whales on the markets. I wonder if China could have a sovereign wealth fund invest in us companies... or the us can literally just buy the stock market of a country as economic warfare.