Billionaire fund manager unloads 600 million of Tesla stock

Wall Street sentiment toward Elon Musk is rapidly decreasing.

May 18, 2025 - 11:44
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Billionaire fund manager unloads 600 million of Tesla stock

Tesla  (TSLA)  share prices may have rebounded over the past month, but that doesn’t mean investor confidence is moving in the same direction.

Over the past few months, the electric vehicle (EV) producer has faced some steep challenges, many of which can be traced back to CEO Elon Musk’s polarizing behavior. His political affiliations have sparked a backlash from consumers far beyond the U.S., compromising the company’s sales on a global scale.