Billionaires split on Tesla stock in Q3 - some exited while others invested millions before year-end breakout.
During the third quarter, as retail investors debated Tesla, Inc. (NASDAQ: TSLA), the "smart money" quietly took sides. TSLA's stock hit all-time highs, with significant movements seen in 13F filings. Wall Street's elite showed conflicting views: some exited positions while others invested hundreds of millions in Tesla just before its year-end surge. The Q3 bullish charge was led by Cathie Wood of ARK Invest, who increased her stake by a massive 512,158 shares, indicating confidence in Tesla's long-term prospects. This move was influenced by the price action in Q3, which provided a strong buying opportunity. For further details, refer to the full story on Benzinga.com.
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