The Stree
By Luc Olinga
May 13, 2023
Elon Musk won’t see a famous face at the Tesla shareholder meeting being held in Austin, Texas on May 16.
Musk’s billionaire peer George Soros, the most famous short seller in the world, won’t be attending the Tesla shareholder meeting, since he is no longer a shareholder of the electric vehicle manufacturer as of March 31.
According to regulatory filings, Soros Fund Management, the financier’s hedge fund, liquidated all Tesla shares acquired since the second quarter of 2022. The hedge fund had surprised everyone by adjusting its investment strategy in the automotive industry starting that quarter.