Soros Fund Management, bought up stock in the electric car maker over the course of 2022, holding a total of 132,000 shares by the end of the year. Then the fund capitalized on Tesla’s impressive 68 percent jump in value this year, selling off its entire Tesla stake in the first quarter of 2023

This is just what hedge funds do. Whatever you think of Soros, he's a rational actor so of course he's not going to hodl like a Musk stan or a WSB cultist - he's gonna get his bag and leave with it because that's how he makes his money.