Chamath Palihapitiya Exits Tesla Stock. Here’s Why.

Barrons2021-09-30

High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year. The founder of venture firm Social Capital has been bullish on Tesla (ticker: ...

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精彩评论

wyo
2021-09-30
wyo
Hmm
brijeshnair
2021-09-30
brijeshnair
Good info
Lordtrade500
2021-09-30
Lordtrade500
interesting. i hope it’s really just to get back some cash.
- PS153:
  I hope to... let's give a like thanks
AndyCHLim
2021-09-30
AndyCHLim
Ok
NPC69
2021-09-30
NPC69
Like
- Silverlitz:
  👍🏼

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It traded near $900 in early 2021, and today hovers around $780, having risen 7% year-to-date, lagging the&nbsp;S&amp;P 500’s&nbsp;16% and the&nbsp;Dow Jones Industrial Average’s&nbsp;12%.</p>\n<p>Palihapitiya isn’t the only Tesla booster who has been selling shares of the company. ARK Invest’s Cathie Wood sold more than $200 million of Tesla stock recently. Unlike Palihapitiya, it remains the largest holding in her&nbsp;ARK Innovation ETF&nbsp;(ARKK).</p>\n<p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chamath Palihapitiya Exits Tesla Stock. 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Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 19:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.\nThe founder of venture firm Social Capital has been bullish on Tesla (ticker: ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130437913","content_text":"High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.\nThe founder of venture firm Social Capital has been bullish on Tesla (ticker: TSLA) in the past, telling CNBC in January—when the shares were trading hands above $800—that the stock could double or triple in price.\n\nBut the former Facebook executive, and special-purpose acquisition company (SPAC) investor who helped launch Virgin Galactic‘s (SPCE) listing, said he cashed out of Tesla to fund other projects “in the last year or so.”\nSpeaking at a CNBC conference Wednesday, Palihapitiya said he no longer had a sizable stock position in Tesla, having sold down his stake while the stock was on a tear.\n“The price has allowed me to,” Palihapitiya said. “I don’t have an infinite pool of capital.”\n“When I have these ideas, the money has to come from someplace,” the investor said, speaking of a new venture linked to distributed energy utilities.\nTesla stock rose nearly 700% in 2020, from less than $90 a share, to more than $700. It traded near $900 in early 2021, and today hovers around $780, having risen 7% year-to-date, lagging the S&P 500’s 16% and the Dow Jones Industrial Average’s 12%.\nPalihapitiya isn’t the only Tesla booster who has been selling shares of the company. ARK Invest’s Cathie Wood sold more than $200 million of Tesla stock recently. 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It traded near $900 in early 2021, and today hovers around $780, having risen 7% year-to-date, lagging the&nbsp;S&amp;P 500’s&nbsp;16% and the&nbsp;Dow Jones Industrial Average’s&nbsp;12%.</p>\n<p>Palihapitiya isn’t the only Tesla booster who has been selling shares of the company. ARK Invest’s Cathie Wood sold more than $200 million of Tesla stock recently. Unlike Palihapitiya, it remains the largest holding in her&nbsp;ARK Innovation ETF&nbsp;(ARKK).</p>\n<p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chamath Palihapitiya Exits Tesla Stock. Here’s Why.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChamath Palihapitiya Exits Tesla Stock. Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 19:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.\nThe founder of venture firm Social Capital has been bullish on Tesla (ticker: ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130437913","content_text":"High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.\nThe founder of venture firm Social Capital has been bullish on Tesla (ticker: TSLA) in the past, telling CNBC in January—when the shares were trading hands above $800—that the stock could double or triple in price.\n\nBut the former Facebook executive, and special-purpose acquisition company (SPAC) investor who helped launch Virgin Galactic‘s (SPCE) listing, said he cashed out of Tesla to fund other projects “in the last year or so.”\nSpeaking at a CNBC conference Wednesday, Palihapitiya said he no longer had a sizable stock position in Tesla, having sold down his stake while the stock was on a tear.\n“The price has allowed me to,” Palihapitiya said. “I don’t have an infinite pool of capital.”\n“When I have these ideas, the money has to come from someplace,” the investor said, speaking of a new venture linked to distributed energy utilities.\nTesla stock rose nearly 700% in 2020, from less than $90 a share, to more than $700. It traded near $900 in early 2021, and today hovers around $780, having risen 7% year-to-date, lagging the S&P 500’s 16% and the Dow Jones Industrial Average’s 12%.\nPalihapitiya isn’t the only Tesla booster who has been selling shares of the company. ARK Invest’s Cathie Wood sold more than $200 million of Tesla stock recently. Unlike Palihapitiya, it remains the largest holding in her ARK Innovation ETF (ARKK).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":865521765,"gmtCreate":1633004130398,"gmtModify":1633004130644,"author":{"id":"3575706377465717","authorId":"3575706377465717","name":"Lordtrade500","avatar":"https://static.tigerbbs.com/6b7861107e1779050e58feafab7425ab","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"interesting. i hope it’s really just to get back some cash.","listText":"interesting. i hope it’s really just to get back some cash.","text":"interesting. i hope it’s really just to get back some cash.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/865521765","repostId":1130437913,"repostType":4,"repost":{"id":"1130437913","pubTimestamp":1633001521,"share":"https://www.laohu8.com/m/news/1130437913?lang=&edition=full","pubTime":"2021-09-30 19:32","market":"us","language":"en","title":"Chamath Palihapitiya Exits Tesla Stock. Here’s Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1130437913","media":"Barrons","summary":"High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock o","content":"<p>High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.</p>\n<p>The founder of venture firm Social Capital has been bullish on Tesla (ticker: TSLA) in the past, telling CNBC in January—when the shares were trading hands above $800—that the stock could double or triple in price.</p>\n<p></p>\n<p>But the former Facebook executive, and special-purpose acquisition company (SPAC) investor who helped launch&nbsp;Virgin Galactic‘s (SPCE) listing, said he cashed out of Tesla to fund other projects “in the last year or so.”</p>\n<p>Speaking at a CNBC conference Wednesday, Palihapitiya said he no longer had a sizable stock position in Tesla, having sold down his stake while the stock was on a tear.</p>\n<p>“The price has allowed me to,” Palihapitiya said. “I don’t have an infinite pool of capital.”</p>\n<p>“When I have these ideas, the money has to come from someplace,” the investor said, speaking of a new venture linked to distributed energy utilities.</p>\n<p>Tesla stock rose nearly 700% in 2020, from less than $90 a share, to more than $700. It traded near $900 in early 2021, and today hovers around $780, having risen 7% year-to-date, lagging the&nbsp;S&amp;P 500’s&nbsp;16% and the&nbsp;Dow Jones Industrial Average’s&nbsp;12%.</p>\n<p>Palihapitiya isn’t the only Tesla booster who has been selling shares of the company. ARK Invest’s Cathie Wood sold more than $200 million of Tesla stock recently. Unlike Palihapitiya, it remains the largest holding in her&nbsp;ARK Innovation ETF&nbsp;(ARKK).</p>\n<p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chamath Palihapitiya Exits Tesla Stock. Here’s Why.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChamath Palihapitiya Exits Tesla Stock. Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 19:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.\nThe founder of venture firm Social Capital has been bullish on Tesla (ticker: ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130437913","content_text":"High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.\nThe founder of venture firm Social Capital has been bullish on Tesla (ticker: TSLA) in the past, telling CNBC in January—when the shares were trading hands above $800—that the stock could double or triple in price.\n\nBut the former Facebook executive, and special-purpose acquisition company (SPAC) investor who helped launch Virgin Galactic‘s (SPCE) listing, said he cashed out of Tesla to fund other projects “in the last year or so.”\nSpeaking at a CNBC conference Wednesday, Palihapitiya said he no longer had a sizable stock position in Tesla, having sold down his stake while the stock was on a tear.\n“The price has allowed me to,” Palihapitiya said. “I don’t have an infinite pool of capital.”\n“When I have these ideas, the money has to come from someplace,” the investor said, speaking of a new venture linked to distributed energy utilities.\nTesla stock rose nearly 700% in 2020, from less than $90 a share, to more than $700. It traded near $900 in early 2021, and today hovers around $780, having risen 7% year-to-date, lagging the S&P 500’s 16% and the Dow Jones Industrial Average’s 12%.\nPalihapitiya isn’t the only Tesla booster who has been selling shares of the company. ARK Invest’s Cathie Wood sold more than $200 million of Tesla stock recently. Unlike Palihapitiya, it remains the largest holding in her ARK Innovation ETF (ARKK).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6050993,"gmtCreate":1633012943862,"gmtModify":1634725544343,"authorId":3564565270877568,"author":{"id":3564565270877568,"authorId":3564565270877568,"name":"PS153","avatar":"https://static.tigerbbs.com/2e185e8aa9ee6ee618f951b9141b9e40","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":865521765,"type":1,"supId":0,"prevId":0,"content":"I hope to... let's give a like&nbsp; <u>thanks</u>","text":"I hope to... let's give a like&nbsp; <u>thanks</u>","html":"I hope to... let's give a like&nbsp; <u>thanks</u>"}],"langContent":"CN"},{"id":865521147,"gmtCreate":1633004026450,"gmtModify":1633004026542,"author":{"id":"3584660223518204","authorId":"3584660223518204","name":"AndyCHLim","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/865521147","repostId":1130437913,"repostType":4,"repost":{"id":"1130437913","pubTimestamp":1633001521,"share":"https://www.laohu8.com/m/news/1130437913?lang=&edition=full","pubTime":"2021-09-30 19:32","market":"us","language":"en","title":"Chamath Palihapitiya Exits Tesla Stock. Here’s Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1130437913","media":"Barrons","summary":"High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock o","content":"<p>High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.</p>\n<p>The founder of venture firm Social Capital has been bullish on Tesla (ticker: TSLA) in the past, telling CNBC in January—when the shares were trading hands above $800—that the stock could double or triple in price.</p>\n<p></p>\n<p>But the former Facebook executive, and special-purpose acquisition company (SPAC) investor who helped launch&nbsp;Virgin Galactic‘s (SPCE) listing, said he cashed out of Tesla to fund other projects “in the last year or so.”</p>\n<p>Speaking at a CNBC conference Wednesday, Palihapitiya said he no longer had a sizable stock position in Tesla, having sold down his stake while the stock was on a tear.</p>\n<p>“The price has allowed me to,” Palihapitiya said. “I don’t have an infinite pool of capital.”</p>\n<p>“When I have these ideas, the money has to come from someplace,” the investor said, speaking of a new venture linked to distributed energy utilities.</p>\n<p>Tesla stock rose nearly 700% in 2020, from less than $90 a share, to more than $700. It traded near $900 in early 2021, and today hovers around $780, having risen 7% year-to-date, lagging the&nbsp;S&amp;P 500’s&nbsp;16% and the&nbsp;Dow Jones Industrial Average’s&nbsp;12%.</p>\n<p>Palihapitiya isn’t the only Tesla booster who has been selling shares of the company. ARK Invest’s Cathie Wood sold more than $200 million of Tesla stock recently. Unlike Palihapitiya, it remains the largest holding in her&nbsp;ARK Innovation ETF&nbsp;(ARKK).</p>\n<p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chamath Palihapitiya Exits Tesla Stock. Here’s Why.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChamath Palihapitiya Exits Tesla Stock. Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 19:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.\nThe founder of venture firm Social Capital has been bullish on Tesla (ticker: ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130437913","content_text":"High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.\nThe founder of venture firm Social Capital has been bullish on Tesla (ticker: TSLA) in the past, telling CNBC in January—when the shares were trading hands above $800—that the stock could double or triple in price.\n\nBut the former Facebook executive, and special-purpose acquisition company (SPAC) investor who helped launch Virgin Galactic‘s (SPCE) listing, said he cashed out of Tesla to fund other projects “in the last year or so.”\nSpeaking at a CNBC conference Wednesday, Palihapitiya said he no longer had a sizable stock position in Tesla, having sold down his stake while the stock was on a tear.\n“The price has allowed me to,” Palihapitiya said. “I don’t have an infinite pool of capital.”\n“When I have these ideas, the money has to come from someplace,” the investor said, speaking of a new venture linked to distributed energy utilities.\nTesla stock rose nearly 700% in 2020, from less than $90 a share, to more than $700. It traded near $900 in early 2021, and today hovers around $780, having risen 7% year-to-date, lagging the S&P 500’s 16% and the Dow Jones Industrial Average’s 12%.\nPalihapitiya isn’t the only Tesla booster who has been selling shares of the company. ARK Invest’s Cathie Wood sold more than $200 million of Tesla stock recently. Unlike Palihapitiya, it remains the largest holding in her ARK Innovation ETF (ARKK).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":865585716,"gmtCreate":1633001948719,"gmtModify":1633001949178,"author":{"id":"3584779133668268","authorId":"3584779133668268","name":"NPC69","avatar":"https://static.tigerbbs.com/47e7ac55312ae8dd1c9e7cb92adad089","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/865585716","repostId":1130437913,"repostType":4,"repost":{"id":"1130437913","pubTimestamp":1633001521,"share":"https://www.laohu8.com/m/news/1130437913?lang=&edition=full","pubTime":"2021-09-30 19:32","market":"us","language":"en","title":"Chamath Palihapitiya Exits Tesla Stock. Here’s Why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1130437913","media":"Barrons","summary":"High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock o","content":"<p>High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.</p>\n<p>The founder of venture firm Social Capital has been bullish on Tesla (ticker: TSLA) in the past, telling CNBC in January—when the shares were trading hands above $800—that the stock could double or triple in price.</p>\n<p></p>\n<p>But the former Facebook executive, and special-purpose acquisition company (SPAC) investor who helped launch&nbsp;Virgin Galactic‘s (SPCE) listing, said he cashed out of Tesla to fund other projects “in the last year or so.”</p>\n<p>Speaking at a CNBC conference Wednesday, Palihapitiya said he no longer had a sizable stock position in Tesla, having sold down his stake while the stock was on a tear.</p>\n<p>“The price has allowed me to,” Palihapitiya said. “I don’t have an infinite pool of capital.”</p>\n<p>“When I have these ideas, the money has to come from someplace,” the investor said, speaking of a new venture linked to distributed energy utilities.</p>\n<p>Tesla stock rose nearly 700% in 2020, from less than $90 a share, to more than $700. It traded near $900 in early 2021, and today hovers around $780, having risen 7% year-to-date, lagging the&nbsp;S&amp;P 500’s&nbsp;16% and the&nbsp;Dow Jones Industrial Average’s&nbsp;12%.</p>\n<p>Palihapitiya isn’t the only Tesla booster who has been selling shares of the company. ARK Invest’s Cathie Wood sold more than $200 million of Tesla stock recently. Unlike Palihapitiya, it remains the largest holding in her&nbsp;ARK Innovation ETF&nbsp;(ARKK).</p>\n<p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chamath Palihapitiya Exits Tesla Stock. 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Here’s Why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 19:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.\nThe founder of venture firm Social Capital has been bullish on Tesla (ticker: ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-sold-chamath-palihapitiya-51632997123?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130437913","content_text":"High-profile investor Chamath Palihapitiya said Wednesday that he sold his position in Tesla stock over the last year.\nThe founder of venture firm Social Capital has been bullish on Tesla (ticker: TSLA) in the past, telling CNBC in January—when the shares were trading hands above $800—that the stock could double or triple in price.\n\nBut the former Facebook executive, and special-purpose acquisition company (SPAC) investor who helped launch Virgin Galactic‘s (SPCE) listing, said he cashed out of Tesla to fund other projects “in the last year or so.”\nSpeaking at a CNBC conference Wednesday, Palihapitiya said he no longer had a sizable stock position in Tesla, having sold down his stake while the stock was on a tear.\n“The price has allowed me to,” Palihapitiya said. “I don’t have an infinite pool of capital.”\n“When I have these ideas, the money has to come from someplace,” the investor said, speaking of a new venture linked to distributed energy utilities.\nTesla stock rose nearly 700% in 2020, from less than $90 a share, to more than $700. It traded near $900 in early 2021, and today hovers around $780, having risen 7% year-to-date, lagging the S&P 500’s 16% and the Dow Jones Industrial Average’s 12%.\nPalihapitiya isn’t the only Tesla booster who has been selling shares of the company. ARK Invest’s Cathie Wood sold more than $200 million of Tesla stock recently. Unlike Palihapitiya, it remains the largest holding in her ARK Innovation ETF (ARKK).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6049235,"gmtCreate":1633002001988,"gmtModify":1634725688427,"authorId":3570362135363824,"author":{"id":3570362135363824,"authorId":3570362135363824,"name":"Silverlitz","avatar":"https://static.tigerbbs.com/abc7af211be1f2d501fd1885af02f33e","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":865585716,"type":1,"supId":0,"prevId":0,"content":"👍🏼","text":"👍🏼","html":"👍🏼"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":26,"commentSize":5,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1130437913"}