📝U.S. Retail Investors Bought Into Tesla 10% Price Drop: UBS

US retail investors jumped at the opportunity to buy into the nearly 10% price drop in Tesla shares on Thursday which saw the largest Tesla inflows since November 2021. UBS's retail market making clients have been net buyers 77% of the time (80 occurrences) since 2020 In which them were price drops of more than 5% In Tesla. The scale of buying on a negative day is what stood out on Thursday. Retail client selling was across an sectors with the exception of consumer discretionary which was single handedly pushed into positive territory by Tesla inflows.

- UBS Strategy