[ April 29, 2026 ]
George Soros’s fund scooped up 242,399 shares of TSLA the lst quarter, totalling 332,046 Tesla shares.
Dracula cometh.
George Soros Increased Tesla Stake By 270% As Stock Plunged In Q4; But That's Not All — He Is Now Also Betting On This Legacy Automaker https://t.co/8jnYudk2ue
— Thomas balensiefen (@Thomasbalensie6) February 14, 2023
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George Soros loads up on Tesla
By: Market Watch, Feb. 14, 2023:
Soros Fund Management boosted its stake in Tesla, Peloton, took new positions in Carvana, GM, crypto names, and dumped Zoom and Twitter in fourth quarter
Even as shares of Tesla Inc. sank last year, billionaire investor George Soros appeared to find something to like in the electric-vehicle maker — and some other beaten-down names — as the year came to a close.
His Soros Fund Management scooped up 242,399 shares of Tesla TSLA, -0.03% during the fourth quarter, according to a filing on Monday, a roughly 270% increase, bringing the fund’s total holdings to 332,046 Tesla shares. Tesla stock crept 0.2% higher after hours on Monday.
The move came as more analysts have grown frustrated with Tesla’s chief executive, Elon Musk, following his purchase of Twitter in October. Many on Wall Street viewed that acquisition as a distraction from running Tesla, which faces major questions about competition.
ADVERTISEMENTBut Tesla, and Musk, loomed over Soros’ moves in other ways. During the quarter, the fund also bought 500,000 shares of Cathie Wood’s Ark Innovation ETF ARKK, -1.41%, whose biggest holding is Tesla, and whose value sank through 2022.
However, as Musk prepared to take the reins at Twitter, the filing shows that Soros cashed out his position in the social-media platform during the fourth quarter.
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