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01.09.25 - 10:42
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Tesla sees exodus of South Korean retail investors as crypto′s allure rises (SCMP)
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South Korea's retail investors are losing faith in Tesla's stock, ramping up their selling last month amid growing disillusionment with the electric carmaker and rising interest in cryptocurrencies.
Individual investors in South Korea sold a net US$657 million of Tesla stock in August, the largest outflow since at least early 2023, according to Bloomberg calculations of depository data.
Investors have instead favoured even more volatile bets such as Bitmine Immersion Technologies, seen as a......
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