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Tesla CEO Elon Musk claimed Amazon founder Jeff Bezos told people to sell shares in the EV maker because Trump would lose the election. Bezos denies this.
SAN FRANCISCO (Reuters) - Tesla Inc shares slid to their lowest level in nearly two years on Wednesday after Chief Executive Elon Musk sold $3.95 billion worth of shares in the electric-vehicle maker.
These should be tough days for Tesla. Sales are down. It’s making less money on every car it does manage to sell. Competitors are eating into its market share, especially internationally.
Shares of the electric vehicle maker led by Musk are down 28% to $349.18 since hitting a record high on Dec. 18, 2024, weeks after the Election Day win for Trump.
Electric vehicle (EV) pioneer Tesla (NASDAQ: TSLA) got the party started by kicking off earnings season in late July. In a shock to probably no one, Tesla CEO Elon Musk shared his brutally honest ...
On Friday, more than $60 billion was wiped off of Tesla’s valuation in a sell-off, a sharp reversal from the stock’s recent momentum. Shares had soared over 70% since Musk started touting AI ...
(Reuters) -Tesla Inc top boss Elon Musk has sold $3.95 billion worth of shares in the electric-vehicle maker, regulatory filings showed, days after he closed the $44-billion deal for Twitter Inc.
Following the sell-off, the stock is now down about 12% year to date. Let's take a closer look at the company's most recent results and whether investors should consider buying or selling the ...
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