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Tesla shares snap 11-week winning streak after Musk sells more stock

Tesla shares snap 11-week winning streak after Musk sells more stock

2 years ago
Anonymous $FNmJglWnLu

https://www.reuters.com/article/tesla-musk-stake/tesla-shares-snap-11-week-winning-streak-after-musk-sells-more-stock-idUSKBN2HX1BL

Shares of Tesla Inc closed lower on Friday, snapping an 11-week winning streak after filings showed CEO Elon Musk sold another block of company stock worth about $700 million, taking advantage of a meteoric rally that vaulted the electric-car maker's value to over $1 trillion.