Billionaires Are Dropping Tesla Stock and Buying This TSX Stock in Bulk [Yahoo! Finance Canada]
MercadoLibre, Inc. (MELI)
Last mercadolibre, inc. earnings: 2/10 04:01 pm
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Source: Yahoo! Finance Canada
There's a good reason for that view. The company is at the bleeding edge of electric vehicles (EVs) and is about to transition into humanoid robots. But the tide is shifting, and billionaires are leaning towards a TSX stock. Here's why. As volatility rises, margins tighten, and competition intensifies, billionaire-run funds have quietly reduced their exposure to Tesla. Concurrently, there's a different kind of stock, a tech-focused TSX stock that has been attracting their attention. Why are billionaires trimming Tesla? Tesla's story has always been tied to high expectations, rapid growth, and intense volatility. That combination helped attract billionaire investors looking for that huge upside. Turning to 2026, that environment has changed. Tesla faces margin pressure from price cuts, rising competition from global EV makers, and a more challenging macro backdrop. This has led many billionaire-run hedge funds to reduce exposure to Tesla. Another factor is valuation. Tesla'
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MELI
Earnings
- 2/24/26 - Miss
MELI
Sec Filings
- 3/2/26 - Form 4
- 2/25/26 - Form 10-K
- 2/24/26 - Form 8-K
- MELI's page on the SEC website