George Soros Buys Up Tesla Stock, Boosting His Stake By 270%

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George Soros’s fund scooped up 242,399 shares of TSLA the lst quarter, totalling 332,046 Tesla shares.

Dracula cometh.

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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.

But 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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Munchenfez
Munchenfez
1 year ago

Foul George trying to screw Elon over now?

T D
T D
1 year ago

comment image

Imagine using your billions to undermine Democratic countries like the US and Israel.
What a waste.

justanotherday
justanotherday
1 year ago
Reply to  T D

imagine being a country and letting this happen.
what a disgrace, you are not worthy of leading such a place.
but don’t worry, you won’t be very soon now.

fir1
fir1
1 year ago
Reply to  justanotherday

Can’t come soon enough –

TomSJr
TomSJr
1 year ago
Reply to  T D

THAT IS TRUE NAZISM.

Hoepper
Hoepper
1 year ago
Reply to  TomSJr

It’s not the Nazis doing such, it’s the International communist aka globalist! Nationalists are their enemy!

fir1
fir1
1 year ago
Reply to  T D

He needs to be treated just like Hungary has treated him.

Vince StagbaughD
Vince Stagbaugh
1 year ago
Reply to  T D

America is a constitutional republic, not a democracy.

justanotherday
justanotherday
1 year ago

You creatures are so fn stupid I am surprised you don’t need to be watered twice a week.

This is all by design.
say garbage make stock crash, fill up on it, a week later the sheeple (that would be your pathetic waste of oxygen carcas’) forget all about it, stock goes back to where it was, sell stock for nice profit.
repeat as able…
result – you are worth billions.

From a Remote Location
From a Remote Location
1 year ago
Reply to  justanotherday

Just wait – this parasite’ll be buying up Twitter stock next. You watch.

T D
T D
1 year ago

why Elon should turn Twitter into a private company.

Last edited 1 year ago by T D
Snowedin
Snowedin
1 year ago

He cannot buy twitter it is no longer on the stock market it is a privately owned company. He can possibly be a co-owner by giving money to Musk, if Musk even would consider it. Otherwise twitter is off limits.

FrankoD
Franko
1 year ago

The article says, Soros dumped his twitter stock.

TomSJr
TomSJr
1 year ago
Reply to  justanotherday

MAY G-D HAVE MERCY ON YOUR SORRY PATHETIC UNRIGHTEOUS NAZI SOUL, but I doubt you will understand where you will go at the END OF YOUR DARK LIFE.

Go back to the DemonRAT Party where all unrighteous souls go to die.

justanotherday
justanotherday
1 year ago
Reply to  TomSJr

YOU are the smug one who is going to be surprised where you end up at.
Your pathetic bleating weak soul will be kneeling in front of ME, begging for mercy.
I’ll remind you of how pathetically WEAK of a man you were on the mortal coil and then the fun will begin with you losers.

art
art
1 year ago

Soros wants to own Musk. Come Planet X and they’ll all play groundhog.

turtlebrat
turtlebrat
1 year ago

Why is this nazi war criminal not deported back to Hungary and executed and all his and his family’s money paid in reparations for his crimes?

TomSJr
TomSJr
1 year ago
Reply to  turtlebrat

Actually, I would rather see about 10 Seal Teams destroy his home in UPPER NEW YORK and abduct him and his son Alexander and drop them into IRAN.
https://virtualglobetrotting.com/map/george-soros-house/view/google/

Dan Cohen
Dan Cohen
1 year ago
Reply to  TomSJr

We do not destroy people’s homes in the US. Sadly we bomb other countries and desroy homes just likel Israel does.

T D
T D
1 year ago
Reply to  Dan Cohen

Or like Russia does.
Or Hamas firing rockets indiscriminately at Israeli homes & buildings, using their children as human shields for the counter attack – and then having Marxist channels like “Democracy Now” report:

“See, Israel bombs homes, comrade”.

Briaan Ozzy
Briaan Ozzy
1 year ago
Reply to  Dan Cohen

What an ignorant comment!

Emilie Brand
Emilie Brand
1 year ago
Reply to  turtlebrat

Hungary does not have the death penalty, they live in a far more civilised society and are not as backward as you are and the rest of The United States.

turtlebrat
turtlebrat
1 year ago
Reply to  Emilie Brand

I would think they would make an exception in his case or turn it over to the Israelis. Hungary would certainly use the money to keep illegal invaders from entering their country.

T D
T D
1 year ago
Reply to  Emilie Brand

I like Hungary.
But Hungary was conquered by the Russians – Soviet Union.

Hungary is now part of NATO because they know their future is more secure from any of the KGB’s plans to rebuild a new Tsarist version of the Soviet Union.

TomSJr
TomSJr
1 year ago

BE NICE IF SOME TECHIE COULD MAKE THOSE STOCKS CRASH AND DESTROY SOROS’ FINANCIAL EMPIRE.

Snowedin
Snowedin
1 year ago

Soros needs to be arrested, stripped of his assets, and extradited to Russia or Hungary ASAP.

PHAETOR HERKAN
PHAETOR HERKAN
1 year ago

Oh my goodness!

Let this mobile compost heap peacefully decompose.
This Zombie was never more than a horrible walking spare parts collection, and in no way worse but at least smarter than those crawling in his Ar…

REQUIESCAT IN PIECES !

Mongo e Minga
Mongo e Minga
1 year ago

Gyorgy Schwantz should be dead by now and why isn’t he.

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