Tesla(US:TSLA) Ge Long Hui A P P·2025-09-01 06:01Core Viewpoint - Korean retail investors are losing confidence in Tesla, leading to significant sell-offs in August, while interest in cryptocurrencies is rising [1] Group 1: Tesla Stock Performance - In August, Korean individual investors net sold $657 million worth of Tesla stock, marking the largest outflow since the beginning of 2023 [1] - The enthusiasm for Tesla, which previously drove a rebound in its stock price, is waning among its most loyal retail investor base in Korea [1] Group 2: Shift in Investment Preferences - Investors are increasingly favoring more volatile investments, such as Bitmine Immersion Technologies Inc., which is associated with Ethereum, attracting a net inflow of $253 million [1] - This shift indicates a broader trend where Korean traders, who have historically been drawn to well-known U.S. tech companies like Tesla, are reallocating their funds to other opportunities [1]