From UBS: UBS's US retail market making clients had 81 mn of outflows on Thursday, which was the largest executed volume in Tesla stock, in dollar terms, since September 2023. It was the third-largest executed volume across any stock by RMM clients this year, outpaced only by Nvidia volumes asfter the launch of Deep Seek in January. In addition, Tesla was the most-sold stock across the platform on Thursday with 36 mn of outflows. Selling was especially heavy between 14:30-15:30 New York.