Billionaire Investor Cuts Tesla Stake, Doubles Down on Alibaba Stock
TLDR Billionaire Philippe Laffont sold 15% of Coatue Management’s Tesla stake in Q3 2025, reducing holdings by 307, 780 shares Laffont increased Alibaba position by 130%, purchasing 1, 128, 826 shares during the same quarter Tesla’s pre-tax income relies heavily on non-core sources, with 40% coming from regulatory credits and interest income in Q3 Alibaba’s cloud revenue grew [.] The post Billionaire Investor Cuts Tesla Stake, Doubles Down on Alibaba Stock appeared first on CoinCentral.