Tesla Attracts Major Hedge Funds

Several prominent firms established large stakes in the electric vehicle maker in the first quarter.

Stephen Taub May 18, 2022

Bing Guan/Bloomberg

Smart money was hopping into Tesla in the first quarter.Several prominent hedge funds established very large new stakes in the controversial electric car maker, while others heavily boosted existing positions.Although the stock actually finished the quarter up slightly, it did drop more than 20 percent

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