Why Are Wall Street Billionaires Selling Tesla in 2022?
Retail investors like you or I often look to media like CNBC to get our financial information about the stock market. It speaks to you like the "average Joe" has a say in the market's movements, but the reality is that huge multibillion-dollar mutual and hedge funds control most of the stock market, making up an estimated 70% of the trading volume. In other words, it's the "big fish" that rules the ocean.
That's why it could be concerning that some of Wall Street's big players are selling their shares of Tesla (NASDAQ: TSLA). Why might they sell, and what could it mean? Here is what you need to know.
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Source Fool.com
