Soros fund goes for this legacy automaker - and sells off Tesla and Rivian stakes
Source: MarketWatch
Published: Nov. 14, 2025 at 5:57 p.m. ET
Billionaire investor George Soross investment fund sold stakes in electric-vehicle makers Tesla Inc. and Rivian Automotive Inc. in the quarter ended Sept. 30 - instead preferring to open a fresh position in legacy automaker Ford Motor Co., according to a securities filing released late Friday.
Soros Fund Management LLC, the investment firm and family office linked to the billionaire philanthropist, also placed a new bet on Walt Disney Co. Soross stake in Tesla had been small, but it had sizeable holdings in Rivian of about 35 million shares, worth about $525 million as of Friday.
Investors have grown more skeptical of EV makers as concerns about consumer demand have come front and center.
For Rivian, a lot will be riding on cheaper vehicles that the electric-truck maker hopes to have ready in the first half of 2026. Tesla, meanwhile, has endured criticism for having no immediate plans to bring a fresh model to the market, cheaper or not.
Read more: https://www.marketwatch.com/story/soross-fund-goes-for-this-legacy-automaker-and-sells-off-tesla-and-rivian-stakes-bd53a05b
oasis
(53,198 posts)BlueWavePsych
(3,309 posts)Hugin
(37,136 posts)But, Im warning you that is my normal lifestyle from being on a fixed income for the past twenty five years.
It should be a breeze, tho.
Hugin
(37,136 posts)It looked to be fairly new and due to its erratic stop-n-go behaviors its operator mustve been new to an EV as well. They seemed to be having some trouble adapting to the different acceleration/torque curve of an EV. Maybe it was set in some sort of an off-road mode. Many horns were sounded.
Vinca
(53,027 posts)it was kind of small and that's what I've been looking for, I checked it out when I got home. It seems the very cheapest one you can get is $70+ thousand dollars. The one I wanted would have been close to $120,000. Do people have gold mines in their back yards?
BumRushDaShow
(163,340 posts)I remember seeing this article earlier this year - https://www.cnbc.com/2025/06/19/united-states-millionaires-wealth.html
(I think that is about to change though)
mahina
(20,153 posts)Recently. So not isolated behavior, maybe.
Hugin
(37,136 posts)The vehicle would go from the posted speed to almost nill in a few seconds with no brake lights. I suppose it could be caused by the driver letting up on the power pedal and the vehicle not coasting in the same manner as a conventional truck.
Regenerative braking?
I have never had the opportunity to drive an EV. I have talked with several friends who own and drive them and they say that there is a familiarization curve.
Cheezoholic
(3,453 posts)they need to last, like 200k+ miles last. Those of us that can't afford a brand new vehicle (which is more than people that can) need to be able to buy reliable used EV's that don't cost a fortune to repair if needed. If we can't do that the poor will be driving used affordable (I'm talking 5-10k) gas vehicles for the next 20 years. You'd be surprised the quality vehicle you can get for 5 or 6k nowadays. EV's desperately need to reach that threshold to truly become viable IMO.
FF!!!
BumRushDaShow
(163,340 posts)But more than that, right now, the entire "charging infrastructure" is still MIA. There are tens of millions who live in dwellings with no garage and no way to charge such a car (notably those in rentals and particularly those in multi-story apartment buildings).
Danascot
(5,140 posts)Most are under $15k and micro cars as cheap as $1,200.
https://greenspeedx.com/cheap-electric-cars-available-in-china/
Hugin
(37,136 posts)Vroom! Vroom! With the fat tires!
It is still a smidge beyond my means. :/
