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2 months agoInstitutional investors like pension funds selling a stock is kind of a big deal though, as a) there are a lot of them for a stock as “big” as Tesla, b) they are far less risk averse then individual investors, and c) the managers of these funds tend to pay attention to what other funds with similar holdings are doing. If one this big sells, others will wonder if they should get out now as well.
This could, in theory, be the start of a mass selloff of Tesla stock by institutional investors wanting to get out before the bubble bursts and they stop seeing gains from Tesla stock.
Two of those are Commonwealth countries. Maybe a common defense mechanism could be agreed. Instead of Iron Dome, it could be called King Dome.