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
Tesla slid nearly 4% in morning trading,with its market value falling below $1 trillion again
TeslaChief Executive Officer Elon Musk was named Time magazine's 2021 "Person of the Year" on Monday.Musk is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company.However,Cathie Wood-led Ark Invest on Friday sold more shares in Tesla Inc, continuing to book profit in a stock that remains its largest bet.Ark Invest sold a total of 28,345 shares — estimated to be worth $28.83 million based on Friday’s closing — in the