These early Tesla bulls are giving up on the stock

Some of Tesla’s (TSLA-Q) institutional shareholders are getting out, convinced that the electric carmaker’s days of dizzying growth are in the rear-view mirror.

The company’s shares are down nearly 30% this year and have fallen by more than 50% since their 2021 high, wiping out some $600 billion in market value as CEO Elon Musk has struggled with fierce competition and falling sales.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.