Tesla stock drops after another Musk share sale

Tesla stock drops after another Musk share sale

Tesla (TSLA) slipped today following disclosure of another stock sale from CEO Elon Musk, with the shares now down nearly 49% year to date.

In a filing submitted with the SEC on Tuesday, Musk declared he sold around 19,500,000 shares over the course of three days in November, worth around $3.95 billion.

The latest sale comes only a few days after Musk closed his deal to buy Twitter on October 27, in a deal worth $44 billion.

It is unclear how much outside equity and personal money Musk has…


Source link

About search

Check Also

3 stocks with the biggest gains took April's biggest losses – Yahoo Finance

3 stocks with the biggest gains took April's biggest losses – Yahoo Finance

[unable to retrieve full-text content]3 stocks with the biggest gains took April’s biggest losses  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *