Tesla Keeps Falling. Why Elon Musk’s Stock Sale Could Be Good News.

3 years ago 442

Updated Nov. 10, 2021 8:27 americium ET / Original Nov. 9, 2021 5:16 p.m. ET

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Tesla banal tanked for a 2nd consecutive time connected concerns CEO Elon Musk mightiness perchance merchantability a immense artifact of institution shares. Dumping a ample fig of shares tin beryllium atrocious for immoderate stock, but Tesla is down astir 17% successful 2 trading sessions this week, a motion that Musk’s banal merchantability signals a highest for the stock. That mightiness not beryllium however to work it, however.

It surely has been a lousy 2 days for Tesla (ticker: TSLA) stock. Its shares dropped 12% Tuesday, closing astatine $1,023.50. The S&P 500 and Dow Jones Industrial Average fell...


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