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.
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