The post Korean Investors Sell $657M Tesla Shares in August appeared on BitcoinEthereumNews.com. Quick Highlights Tesla sees $657M outflow from South Korean investors in August. Ethereum proxy asset Bitmine Immersion draws $253M net investment. Tesla still leads with $21.9B in Korean retail holdings. Tesla Sees Massive Outflows from South Korean Investors In August, South Korean retail investors sold a net $657 million worth of Tesla shares, the largest outflow from the company since at least early 2019, Bloomberg reported. Instead, capital is flowing into riskier assets, including Bitmine Immersion Technologies Inc., considered a proxy for Ethereum. The company received $253 million in net investments that month, the article says. Tesla’s Outflows Reflect Changing Investor Sentiment In the past four months, Tesla has seen $1.8 billion in outflows, signaling waning enthusiasm among one of the world’s most dedicated retail investor groups, the publication noted. During the pandemic, South Korean traders actively bought shares of American technology giants, especially Tesla, driving up prices, according to media reports. Some investors now believe Tesla is no longer living up to expectations. “Tesla has had many inspiring stories in the past, but it has failed to capture people’s hearts. It has failed to become a leader with a leading AI narrative,” said 33-year-old investor Han Jeong-soo, who bought shares in 2019 but sold them in early 2025 to invest in other projects. Tesla Remains Popular Despite Outflows Despite the massive outflow, Tesla remains the most popular foreign stock among Korean retail traders, with a combined $21.9 billion in holdings, the publication reported. In comparison, Nvidia Corp. and Palantir Technologies Inc. rank second and third with significantly smaller volumes. However, even the TSLL exchange-traded fund, which provides double leverage on Tesla shares, recorded its largest outflow since early 2024 in August – $554 million, the report noted. The shift reflects a broader trend among South Korean investors moving capital… The post Korean Investors Sell $657M Tesla Shares in August appeared on BitcoinEthereumNews.com. Quick Highlights Tesla sees $657M outflow from South Korean investors in August. Ethereum proxy asset Bitmine Immersion draws $253M net investment. Tesla still leads with $21.9B in Korean retail holdings. Tesla Sees Massive Outflows from South Korean Investors In August, South Korean retail investors sold a net $657 million worth of Tesla shares, the largest outflow from the company since at least early 2019, Bloomberg reported. Instead, capital is flowing into riskier assets, including Bitmine Immersion Technologies Inc., considered a proxy for Ethereum. The company received $253 million in net investments that month, the article says. Tesla’s Outflows Reflect Changing Investor Sentiment In the past four months, Tesla has seen $1.8 billion in outflows, signaling waning enthusiasm among one of the world’s most dedicated retail investor groups, the publication noted. During the pandemic, South Korean traders actively bought shares of American technology giants, especially Tesla, driving up prices, according to media reports. Some investors now believe Tesla is no longer living up to expectations. “Tesla has had many inspiring stories in the past, but it has failed to capture people’s hearts. It has failed to become a leader with a leading AI narrative,” said 33-year-old investor Han Jeong-soo, who bought shares in 2019 but sold them in early 2025 to invest in other projects. Tesla Remains Popular Despite Outflows Despite the massive outflow, Tesla remains the most popular foreign stock among Korean retail traders, with a combined $21.9 billion in holdings, the publication reported. In comparison, Nvidia Corp. and Palantir Technologies Inc. rank second and third with significantly smaller volumes. However, even the TSLL exchange-traded fund, which provides double leverage on Tesla shares, recorded its largest outflow since early 2024 in August – $554 million, the report noted. The shift reflects a broader trend among South Korean investors moving capital…