George Soros' fund bought $35 million of Tesla bonds while loading up on Amazon, Netflix stock

George Soros' fund bought $35 million of Tesla bonds while loading up on Amazon, Netflix stock

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/16/george-soros-fund-bought-35-million-of-tesla-bonds.html

George Soros' investment firm bought a large amount of Tesla bonds in the first quarter of 2018, giving the under pressure electric carmaker a major backer, a regulatory filing shows.

Soros Fund Management bought $35 million worth of convertible notes, which are bonds that can be converted into a specified number of common stock, according to a Securities and Exchange Commission (SEC) filing released on Tuesday. The convertible bond is due in March 2019.