Billionaire Dan Loeb of Third Point Sold His Entire Stake in Tesla in Favor of a Stock That's Climbed More Than 420,000% Since Its IPO
- Posted on July 11, 2025
- By Yahoo News
- 1 Views
Billionaire Dan Loeb of Third Point Sold His Entire Stake in Tesla in Favor of a Stock That's Climbed More Than 420,000% Since Its IPO
Third Point's billionaire chief showed Tesla the door and loaded up on the hottest name in the artificial intelligence (AI) arena during the first quarter.