Soros Fund Management has disclosed a new stake in Tesla alongside increased positions in Nvidia and Microsoft, signaling institutional support for the company's robotics-focused strategy. This backing comes as Elon Musk prepares for the April launch of autonomous "cybercabs."
- Tesla shares closed at $417.44 (+0.09%) as cooling U.S. inflation data of 2.4% helped stabilize valuations across the tech sector.
- The company is winding down production of Model S and Model X to prioritize the development of Optimus humanoid robots.