(Bloomberg) — Saudi Arabia’s sovereign-wealth fund sold almost all of its Tesla Inc. shares last quarter, nearly exiting what had been one of the largest holdings in the electric-car maker.The Saudi Arabia Public Investment Fund held just 39,151 shares at the end of the year, according to a regulatory filing. The fund previously had more than 8.2 million shares and ranked among the five biggest owners, according to data compiled by Bloomberg.The fund sold as Tesla went on an epic run to end the year, powered by a surprise profit and faster rollout of its Model Y crossover. The stock …read more
Source:: Yahoo Finance
