BREAKING: Tesla ($TSLA ) has plunged more than 19% since the end of Q4, wiping out over $340 billion in market capitalization after Goldman Sachs sold 2.47 million shares worth $1.1 billion in the fourth quarter.
Based on Q4 13F filings, Goldman Sachs sold about 2.47 million shares of Tesla in the fourth quarter, valued at over $1.1 billion at a quarter-end price of $449.72 per share. The firm reduced its Tesla stake by 8.72% during the period.