Odaily Planet Daily News: As enthusiasm for electric car maker Tesla wanes and interest in cryptocurrencies rises, South Korean retail investors are losing confidence in Tesla's stock and intensified selling last month. According to institutional calculations of depository data, South Korean individual investors sold a net $657 million of Tesla shares in August, the largest outflow of funds since at least the beginning of 2023. Investors have turned to more volatile investments, such as Bitmine Immersion Technologies Inc., which is seen as a representative of Ethereum, attracting a net inflow of $253 million. This shows that the enthusiasm of Tesla's most loyal group of global retail investors is waning. Their buying frenzy once amplified Tesla's stock price rebound. South Korean traders, who have long been attracted to well-known American technology companies such as Tesla, are now investing their funds elsewhere. (Jinshi)