Tesla fell over 3% in morning trading as Musk sold another $907 million of Tesla Motors shares
Tesla fell over 3% in morning trading as Musk sold another $907 million of Tesla Motors shares.According to the documents, Musk sold 934,091 shares Tesla MotorsShares on Monday, valued at $906.5 million, Musk has sold about 11,966,421 shares since November 8Tesla MotorsStocks, accounting for 70.18% of its previously promised shares.
Old news... the question is how low will it go today.
Tesla dipped nearly 2% in premarket trading as Musk sold another 934,091 shares on Monday
Tesla dipped nearly 2% in premarket trading as Musk sold another 934,091 shares on Monday.Tesla CEO Elon Musk sold another 934,091 shares in the automaker, worth nearly $906.5 million, on Monday, as per filings made with the U.S. Securities and Exchange Commission.Musk conducted the sale of shares to satisfy tax withholding obligations on the exercise of stock options to purchase 2.13 million shares of Tesla, as per the filings.Musk has sold 12 million shares since he tweeted on November 6 that
Delisting means its no longer being traded on a major stock exchange but u r still the owner of the shares. The issue is that delisting often results in a significant devaluation of the stock price. Some stock exchanges provide OTC (over the counter) facilities to shareholders of delisted stock like NYSE but not SGX. So buyer beware... 🙈
Li Auto shares fell more than 14% in Hong Kong and XPeng fell nearly 9%.
Li Auto shares fell more than 14% in Hong Kong and XPeng fell nearly 9%.