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Tesla is new pick for Daniel Loeb's Third Point, as hedge fund ditches Uber

By MarketWatch   |   Nov 14, 2024 at 05:55 PM EST
Tesla is new pick for Daniel Loeb's Third Point, as hedge fund ditches Uber

Third Point hedge fund, led by Daniel Loeb, recently invested in Tesla Inc. and divested its stake in Uber Technologies Inc. Tesla's new ventures in autonomous vehicles pose a potential challenge to Uber's ride-hailing business.

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