In the first quarter of 2022, American investor Ray Dalio sold all of his stake in Tesla (TSLA) and bought meme stocks like AMC Entertainment (AMC) and GameStop (GME). Dalio is a billionaire investor and a hedge fund manager. He is also the Co-Chief Investment Officer of Bridgewater Associates, one of the world's largest investment management firms. As per Forbes, as of January 21, 2022, Dalio had an estimated net worth of $20 billion. Transaction Details In Bridgewater’s latest filing, Tesla’s 25,500 shares worth $27 million (as of December 2021) were missing, indicating that the hedge fund manager divested his stake.
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