Korea’s $657M Tesla Exit 🚗➡️📉

[kevin1]

For years, Korean retail investors were Tesla’s biggest overseas backers.
But in August 2025, they pulled out $657M — the largest outflow in over two years.

It wasn’t just shares: leveraged Tesla products (like the 2x TSLL ETF) saw another $554M in withdrawals.

Why the exit?

Broken promises (robotaxis, Cybertruck delays, Roadster still MIA)

Slumping sales (Q2 2025 deliveries down 13% YoY; Europe July sales down 40%)

️ Fierce competition (BYD, Nio, XPeng tripling sales)

🤯 Leadership uncertainty (Musk shifting focus to AI, politics, Twitter/X)

Koreans still hold $21.9B in Tesla stock, but confidence is slipping.

The bigger story? These investors aren’t just selling. They’re rotating into crypto.