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T. Rowe Price funds slash Tesla holdings

Apr. 18, 2019 4:10 AM ETTesla, Inc. (TSLA) StockTSLABy: Yoel Minkoff, SA News Editor311 Comments
  • T. Rowe Price funds slashed Tesla (NASDAQ:TSLA) holdings in the first quarter as the institutional investor continued to cut its positions in the EV maker.
  • The firm, which has been one of the largest investors in Tesla, sold off 92% of its prior holdings in the company, according to Refinitiv data.
  • Shares of Tesla fell 16% during Q1, a difficult period for the company marked by a sharp drop in Model 3 deliveries and Elon Musk's public battle with the SEC.

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