City
Epaper

Musk hits at George Soros after billionaire sells his entire Tesla stake

By IANS | Updated: May 17, 2023 11:10 IST

San Francisco, May 17 After billionaire George Soros sold his entire stake in Tesla, Elon Musk has slammed ...

Open in App

San Francisco, May 17 After billionaire George Soros sold his entire stake in Tesla, Elon Musk has slammed the investor, saying he wants to erode the very fabric of civilisation and "hates humanity."

Soros's family office, Soros Fund Management, had a total of 132,000 shares which capitalised on Tesla's impressive 68 per cent jump in value this year, and the family office sold off its entire stake in the first quarter of 2023, according to Insider.

Soros Fund Management is the principal asset manager for the Open Societies Foundations, which Soros founded. He has donated most of the money from his hedge fund to his Open Societies Foundations.

Meanwhile, Tesla stock is up about 35 per cent so far this year, after nosediving about 65 per cent in 2022.

Musk replied to the reports of Soros selling his entire stake at Tesla, saying: "He wants to erode the very fabric of civilisationa.

"Soros hates humanity," he added.

Musk further posted: "Soros reminds me of Magneto," referring to the X-Men's Jewish supervillain.

Tesla and Open Societies didn't immediately comment on the tweet.

Jonathan Greenblatt, CEO of the civil rights group Anti-Defamation League, criticised Musk's comment and said it "will embolden extremists."

"Soros often is held up by the far-right, using antisemitic tropes, as the source of the world's problems. To see Elon Musk, regardless of his intent, feed this segment comparing him to a Jewish supervillain, claiming Soros ahates humanity' is not just distressing, it's dangerous," he tweeted.

"It will embolden extremists who already contrive anti-Jewish conspiracies and have tried to attack Soros and Jewish communities as a result," Greenblat added.

In response to Greenblatt's tweet, Musk responded: aceHey stop defaming me. ADL should just drop the aA'.a

In an interview on CNBC late on Tuesday, Musk defended the tweets about Soros, including his claim that Soros hates humanity.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Soros Fund Management LLCGeorge SorosTesla ceo elon muskElon muskElon musks boring companySpacex ceo elon muskTelsa ceo elon muskElon musk's boring companyElon musks twitterBillionaire elon musk
Open in App

Related Stories

TechnologyX Down: Elon Musk-Owned Social Media Platform Faces Outage as Users Unable to Access Feeds, Post Content

TechnologyX Down: Elon Musk-Owned Social Media Platform Faces Global Outage for Users

NationalX Removes 600 Accounts, Blocks 3,500 Posts Following Government Action on Obscene Content

InternationalIndonesia Blocks Elon Musk’s Grok Chatbot Due to Risk of AI-Generated Pornographic Content

Technology'Undress This Woman': Ashley St Clair Accuses Elon Musk's Grok AI of Undressing Her Teenage Pics

Technology Realted Stories

TechnologyAdani tells US judge to dismiss SEC fraud suit against him as case 'legally flawed'

TechnologyMaharashtra clears MahaGeoTech, resilience programme

TechnologyClaims of curbing dissent under IT Rules a 'myth': MeitY Secretary

TechnologyMajor cyber fraud busted in Noida, four held for duping foreign nationals

TechnologyFMCG firms should consolidate portfolios, diversify supply chains to counter global risks: Report