Viking Global's Halvorsen Exits Tesla, Doubles Down on Netflix Amid Market Shifts
1002+ Words Refined into 4 Facts by AI • 1 source • 1h ago
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- Ole Andreas Halvorsen sold all 436,272 shares of Tesla worth over $114 million.
- Concerns over growing competition and waning demand for EVs influenced Halvorsen's decision.
- Halvorsen increased his stake in Netflix by 145%, purchasing 297,317 shares.
- Netflix's strategies, including an ad-supported tier, have boosted its paid memberships.
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