Our Finance Guide
  • Home
  • Loans
  • Tax
  • Credit Cards
  • Investing
No Result
View All Result
  • Home
  • Loans
  • Tax
  • Credit Cards
  • Investing
No Result
View All Result
Our Finance Guide
No Result
View All Result
Home Investing

Major Tesla investor dumps a big chunk of shares

A major shareholder in Tesla has become bearish about the company.

admin by admin
May 7, 2021
in Investing
0
Major Tesla investor dumps a big chunk of shares

Related articles

U.S. ready to help Mexico finance solar plans, Lopez Obrador says

These Are the Best Ways to Finance a Car Purchase in 2023

Scottish fund manager Baillie Gifford & Co. sold 11.1 million shares of Tesla during the first quarter, the firm disclosed in a filing Thursday. That sell off reduced the fund’s holdings by 40% since December 31. The shares sold constitute 1.2% of Telsa’s total shares outstanding.
Baillie Gifford still owns 1.7% of Tesla’s shares, and among institutional investors, still has the fifth largest stake in Tesla. But this move marks the second straight quarter in which Baillie pulled back on its Tesla holdings. The firm sold 7.4 million shares in the last three months of 2020, meaning that its has sold more than half of its stake in Tesla since the end of September.
Baillie Gifford did not respond to a request for comment about its decision to sell Tesla stocks.
The price at which the shares were sold was not disclosed, nor was the date. Tesla hit a record high close of $883 per share on January 26. Since then the company’s stock has dropped just over 25%, putting it into bear market territory. Baillie has not been alone in selling shares.
Year to date Tesla (TSLA) shares are down more than 7%.
Read more…….
admin

admin

Related Posts

U.S. ready to help Mexico finance solar plans, Lopez Obrador says

MEXICO CITY, Dec 20 (Reuters) - The United States is offering to help Mexico with loans to finance planned solar power stations in the northern state...

These Are the Best Ways to Finance a Car Purchase in 2023

Car financing is an important part of buying a vehicle and can be the difference between getting your ideal car and settling for something less. A...

SEVEN financial predictions for the year ahead

1. High inflation is not going awayWe are heading into major macroeconomic headwinds and these winds won’t die down for the foreseeable future. Inflation is being...

As funds run dry, Idaho Housing and Finance will soon pause emergency rental assistance program

The Idaho Housing and Finance Association plans to pause applications for emergency rental assistance funds on Dec. 29 because federal funds are quickly running dry for...

4 Tips for investing during the crypto market instability

The crypto market is infamously known for its extreme instability. As a matter of fact. the term volatile” has almost become synonymous with the crypto industry...

Next Post
The stock market may be misreading what this weak jobs report means for the Fed

The stock market may be misreading what this weak jobs report means for the Fed

Fed Warns of Peril for Asset Prices as Investors Gorge on Risk

Fed Warns of Peril for Asset Prices as Investors Gorge on Risk

How to get the best credit card when you have a good credit score

How to get the best credit card when you have a good credit score

No Result
View All Result

Subscribe Us

By clicking subscribe, I authorize: (1) Our Finance Guide to use and share my information in accordance with its Terms of Service and Privacy Policy, and (2) Our Finance Guide or third-party companies, including Our Finance Guide’s business partners, to contact me by email with offers for goods and services at the email address provided. Please note that the information you have provided to us may be supplemented with additional information obtained from other sources.

RECOMMENDED

Uncategorized

17 Super Smart Ways to Get Cheap or Free Books for Kids

How Accounting Giants Craft Favorable Tax Rules From Inside Government
Tax

Senate Republicans Fight The Vital Global Corporate Tax As Needing An Impossible Two-Thirds Vote

CATEGORIES

  • Credit Cards
  • Investing
  • Loans
  • Tax
  • Uncategorized

Subscribe Us

By clicking subscribe, I authorize: (1) Our Finance Guide to use and share my information in accordance with its Terms of Service and Privacy Policy, and (2) Our Finance Guide or third-party companies, including Our Finance Guide’s business partners, to contact me by email with offers for goods and services at the email address provided. Please note that the information you have provided to us may be supplemented with additional information obtained from other sources.

© 2022 Our Finance Guide, All Rights Reserved.

  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
No Result
View All Result
  • Home
  • Loans
  • Tax
  • Credit Cards
  • Investing

© 2022 Our Finance Guide, All Rights Reserved.