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DeepNewz, mobile.
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JPMorgan Chase & Co. expanded its bet on Tesla Inc. during the second quarter, buying about 6.6 million additional shares of the electric-vehicle maker. The purchase lifted the bank’s Tesla stake by 16.7 % to 46,015,610 shares, making JPMorgan the carmaker’s fifth-largest institutional shareholder. Based on Tesla’s 30 June closing price of $317.66, the holding was worth roughly $14.62 billion.
$TSLA! https://t.co/R2DgZtfQZF
🚨 JP Morgan Buys 6.6M $TSLA Shares in Q2, Becomes 5th Largest ShareHolder In the second quarter, the position increased by 16.7% to a new high of 46,015,610 shares, valued at $14.62 billion as of June 30, when Tesla shares closed at $317.66. The New York-based firm held https://t.co/ri1OZTy7I6
BREAKING: JP MORGAN BOUGHT 6,600,062 $TSLA STOCK IN Q2 👀 Big funds are buying ! https://t.co/p0rLeON02Y
