Elon Musk Live Updates Tesla Ceo Sells Over 5Bn In Shares After Controversial Twitter Poll
Last weekend, he said he would sell 10 percent of his holdings in the company, worth more than $20 billion, based on the results of a poll he conducted on Twitter. The sale tweets caused a panicked sell-off of Tesla stock earlier this week but it recovered slightly yesterday, with shares up 2.6 percent to $1,096. The poll raises questions about whether it was always Musk’s intention to sell off regardless, with tax transactions “automatically effected” in a sell-off plan already agreed in September....