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CloudAlpha Capital Management Limited Hong Kong Trims Stock Holdings in Tesla, Inc. (NASDAQ:TSLA)

News Snapshot:

CloudAlpha Capital Management Limited Hong Kong lowered its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 78.9% during the second quarter, HoldingsChannel reports. The fund owned 55,000 shares of the electric vehicle producer’s stock after selling 205,700 shares during the quarter. Tesla comprises about 4.5% of CloudAlpha Capital Management Limited Hong Kong’s portfolio, making the stock its 7th largest holding. CloudAlpha Capital Management Limited Hong Kong’s holdings in Tesla were worth $37,384,000 as of its most recent SEC filing. A number of other hedge funds have also recently modified their holdings of the stock. Milestone Resources Group Ltd grew its…

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