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Tesla Stock vs. Amazon Stock: Billionaires Buy One and Sell the Other Ahead of 2025


Published on 2024-12-08 05:40:46 - MSN
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  • Four members of the "Magnificent Seven" have outperformed the benchmark S&P 500 (SNPINDEX: ^GSPC) year to date. Tesla (NASDAQ: TSLA) and Amazon (NASDAQ: AMZN) are included in that number, with shares advancing 57% and 49%,

The article from MSN discusses the investment choices of billionaires regarding Tesla and Amazon stocks as 2025 approaches. Billionaires like George Soros and David Tepper have been selling off Tesla shares, possibly due to concerns over Elon Musk's focus being spread too thin across multiple ventures, including his acquisition of X Corp (formerly Twitter), and the competitive pressures in the electric vehicle market. Conversely, there's a noted interest in Amazon, with investors like Soros Fund Management increasing their stakes. This shift might be attributed to Amazon's robust growth in e-commerce, cloud computing with AWS, and its advancements in AI and other technologies, suggesting a more stable and promising investment for the near future. The article highlights a broader trend where investors are reevaluating their portfolios, moving away from high-risk, high-reward stocks like Tesla towards companies with diversified, stable growth prospects like Amazon.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/tesla-stock-vs-amazon-stock-billionaires-buy-one-and-sell-the-other-ahead-of-2025/ar-AA1vtmC0 ]