Tesla shares skid again as investors brace for possible Musk stock sale

Reuters2021-11-10

Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk. Nearly $200 billion ...

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免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

KyveTang
2021-11-10
KyveTang
Like [Miser]
JaneJ
2021-11-10
JaneJ
Oh… too fast… [Cry]
Jontrade
2021-11-10
Jontrade
[流泪]
Lifestyle
2021-11-10
Lifestyle
20% pull back is a healthy correction for Tesla shares before it can go even higher. I believe next year share price would be crazy!! 😅
- DarkFate:
  Hold and holding strong... just leave it
- RichRabbit:
  agree，its a healthy correction regardless elon‘s sale
HandsomeLee
2021-11-10
HandsomeLee
Waiting for dip.. this 12% drop not enough. $800 is what I'm looking at.
- Lifestyle:
  You can continue to wait and miss the boat. Dollar cost average is still the best strategy
Bryonie
2021-11-10
Bryonie
Waiting for u Tesla
- Bryonie:
  Meet u at the dip

发表看法

255

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Nearly 58% said they would support such a sale.read more\nMusk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more\nAfter the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.\n\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"\nThe shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .\nThe electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.\nAbout $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.\n“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.\nBOARD MEMBERS SELL $1 BLN IN SHARES\nFour former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more\nKimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.\n“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.\nBillionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.\nBurry's office and Tesla were not immediately available for comment.\nWhile the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.\nInvestors will closely watch SEC filings from Tesla for any details on Musk's plans. 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Nearly 58% said they would support such a sale.read more</p>\n<p>Musk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more</p>\n<p>After the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.</p>\n<p>\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"</p>\n<p>The shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .</p>\n<p>The electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.</p>\n<p>About $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.</p>\n<p>“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.</p>\n<p>BOARD MEMBERS SELL $1 BLN IN SHARES</p>\n<p>Four former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more</p>\n<p>Kimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.</p>\n<p>“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.</p>\n<p>Billionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.</p>\n<p>Burry's office and Tesla were not immediately available for comment.</p>\n<p>While the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.</p>\n<p>Investors will closely watch SEC filings from Tesla for any details on Musk's plans. SEC rules give companies four working days to report major events.</p>\n<p>Meanwhile, rival electric-vehicle maker Rivian Automotive Inc is poised to price its roughly $10 billion initial public offering later on Tuesday.</p>\n<p>Backed by both Amazon.com Inc(AMZN.O)and Ford Motor Co(F.N), Rivian last Friday boosted its offering's price range as investors bet on the company to be the next big player in a sector dominated by Tesla.</p>\n<p><img src=\"https://static.tigerbbs.com/db5014fbc0c39bbf5296ac26b16cf411\" tg-width=\"896\" tg-height=\"636\" width=\"100%\" height=\"auto\"></p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares skid again as investors brace for possible Musk stock sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares skid again as investors brace for possible Musk stock sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.\nNearly $200 billion ...</p>\n\n<a href=\"https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121436019","content_text":"Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.\nNearly $200 billion in market capitalization was wiped off from Tesla as Musk's potential sales of his $17 billion stake triggered concerns about the stock's valuation following a flurry of stock sales by some board members.\nThe rout comes after Musk asked his Twitter followers over the weekend if he should sell 10% of his stake in the company as Washington proposes to hike taxes for the super-wealthy. Nearly 58% said they would support such a sale.read more\nMusk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more\nAfter the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.\n\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"\nThe shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .\nThe electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.\nAbout $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.\n“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.\nBOARD MEMBERS SELL $1 BLN IN SHARES\nFour former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more\nKimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.\n“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.\nBillionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.\nBurry's office and Tesla were not immediately available for comment.\nWhile the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.\nInvestors will closely watch SEC filings from Tesla for any details on Musk's plans. SEC rules give companies four working days to report major events.\nMeanwhile, rival electric-vehicle maker Rivian Automotive Inc is poised to price its roughly $10 billion initial public offering later on Tuesday.\nBacked by both Amazon.com Inc(AMZN.O)and Ford Motor Co(F.N), Rivian last Friday boosted its offering's price range as investors bet on the company to be the next big player in a sector dominated by Tesla.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":847420993,"gmtCreate":1636547281596,"gmtModify":1636547309490,"author":{"id":"3573597158008019","authorId":"3573597158008019","name":"JaneJ","avatar":"https://static.tigerbbs.com/35feebaa559f51f47e204634b51aaeb0","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Oh… too fast… [Cry]&nbsp;","listText":"Oh… too fast… [Cry]&nbsp;","text":"Oh… too fast… [Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847420993","repostId":1121436019,"repostType":2,"repost":{"id":"1121436019","pubTimestamp":1636500753,"share":"https://www.laohu8.com/m/news/1121436019?lang=&edition=full","pubTime":"2021-11-10 07:32","market":"us","language":"en","title":"Tesla shares skid again as investors brace for possible Musk stock sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1121436019","media":"Reuters","summary":"Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped th","content":"<p>Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.</p>\n<p>Nearly $200 billion in market capitalization was wiped off from Tesla as Musk's potential sales of his $17 billion stake triggered concerns about the stock's valuation following a flurry of stock sales by some board members.</p>\n<p>The rout comes after Musk asked his Twitter followers over the weekend if he should sell 10% of his stake in the company as Washington proposes to hike taxes for the super-wealthy. Nearly 58% said they would support such a sale.read more</p>\n<p>Musk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more</p>\n<p>After the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.</p>\n<p>\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"</p>\n<p>The shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .</p>\n<p>The electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.</p>\n<p>About $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.</p>\n<p>“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.</p>\n<p>BOARD MEMBERS SELL $1 BLN IN SHARES</p>\n<p>Four former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more</p>\n<p>Kimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.</p>\n<p>“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.</p>\n<p>Billionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.</p>\n<p>Burry's office and Tesla were not immediately available for comment.</p>\n<p>While the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.</p>\n<p>Investors will closely watch SEC filings from Tesla for any details on Musk's plans. SEC rules give companies four working days to report major events.</p>\n<p>Meanwhile, rival electric-vehicle maker Rivian Automotive Inc is poised to price its roughly $10 billion initial public offering later on Tuesday.</p>\n<p>Backed by both Amazon.com Inc(AMZN.O)and Ford Motor Co(F.N), Rivian last Friday boosted its offering's price range as investors bet on the company to be the next big player in a sector dominated by Tesla.</p>\n<p><img src=\"https://static.tigerbbs.com/db5014fbc0c39bbf5296ac26b16cf411\" tg-width=\"896\" tg-height=\"636\" width=\"100%\" height=\"auto\"></p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares skid again as investors brace for possible Musk stock sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares skid again as investors brace for possible Musk stock sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.\nNearly $200 billion ...</p>\n\n<a href=\"https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121436019","content_text":"Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.\nNearly $200 billion in market capitalization was wiped off from Tesla as Musk's potential sales of his $17 billion stake triggered concerns about the stock's valuation following a flurry of stock sales by some board members.\nThe rout comes after Musk asked his Twitter followers over the weekend if he should sell 10% of his stake in the company as Washington proposes to hike taxes for the super-wealthy. Nearly 58% said they would support such a sale.read more\nMusk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more\nAfter the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.\n\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"\nThe shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .\nThe electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.\nAbout $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.\n“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.\nBOARD MEMBERS SELL $1 BLN IN SHARES\nFour former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more\nKimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.\n“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.\nBillionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.\nBurry's office and Tesla were not immediately available for comment.\nWhile the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.\nInvestors will closely watch SEC filings from Tesla for any details on Musk's plans. SEC rules give companies four working days to report major events.\nMeanwhile, rival electric-vehicle maker Rivian Automotive Inc is poised to price its roughly $10 billion initial public offering later on Tuesday.\nBacked by both Amazon.com Inc(AMZN.O)and Ford Motor Co(F.N), Rivian last Friday boosted its offering's price range as investors bet on the company to be the next big player in a sector dominated by Tesla.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":847437483,"gmtCreate":1636543867892,"gmtModify":1636543899035,"author":{"id":"4092282490520410","authorId":"4092282490520410","name":"Jontrade","avatar":"https://static.tigerbbs.com/632d9c508b5348ca40d2924a5296b754","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"[流泪]&nbsp;","listText":"[流泪]&nbsp;","text":"[流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847437483","repostId":1121436019,"repostType":2,"repost":{"id":"1121436019","pubTimestamp":1636500753,"share":"https://www.laohu8.com/m/news/1121436019?lang=&edition=full","pubTime":"2021-11-10 07:32","market":"us","language":"en","title":"Tesla shares skid again as investors brace for possible Musk stock sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1121436019","media":"Reuters","summary":"Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped th","content":"<p>Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.</p>\n<p>Nearly $200 billion in market capitalization was wiped off from Tesla as Musk's potential sales of his $17 billion stake triggered concerns about the stock's valuation following a flurry of stock sales by some board members.</p>\n<p>The rout comes after Musk asked his Twitter followers over the weekend if he should sell 10% of his stake in the company as Washington proposes to hike taxes for the super-wealthy. Nearly 58% said they would support such a sale.read more</p>\n<p>Musk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more</p>\n<p>After the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.</p>\n<p>\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"</p>\n<p>The shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .</p>\n<p>The electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.</p>\n<p>About $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.</p>\n<p>“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.</p>\n<p>BOARD MEMBERS SELL $1 BLN IN SHARES</p>\n<p>Four former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more</p>\n<p>Kimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.</p>\n<p>“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.</p>\n<p>Billionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.</p>\n<p>Burry's office and Tesla were not immediately available for comment.</p>\n<p>While the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.</p>\n<p>Investors will closely watch SEC filings from Tesla for any details on Musk's plans. SEC rules give companies four working days to report major events.</p>\n<p>Meanwhile, rival electric-vehicle maker Rivian Automotive Inc is poised to price its roughly $10 billion initial public offering later on Tuesday.</p>\n<p>Backed by both Amazon.com Inc(AMZN.O)and Ford Motor Co(F.N), Rivian last Friday boosted its offering's price range as investors bet on the company to be the next big player in a sector dominated by Tesla.</p>\n<p><img src=\"https://static.tigerbbs.com/db5014fbc0c39bbf5296ac26b16cf411\" tg-width=\"896\" tg-height=\"636\" width=\"100%\" height=\"auto\"></p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares skid again as investors brace for possible Musk stock sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares skid again as investors brace for possible Musk stock sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.\nNearly $200 billion ...</p>\n\n<a href=\"https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121436019","content_text":"Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.\nNearly $200 billion in market capitalization was wiped off from Tesla as Musk's potential sales of his $17 billion stake triggered concerns about the stock's valuation following a flurry of stock sales by some board members.\nThe rout comes after Musk asked his Twitter followers over the weekend if he should sell 10% of his stake in the company as Washington proposes to hike taxes for the super-wealthy. Nearly 58% said they would support such a sale.read more\nMusk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more\nAfter the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.\n\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"\nThe shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .\nThe electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.\nAbout $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.\n“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.\nBOARD MEMBERS SELL $1 BLN IN SHARES\nFour former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more\nKimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.\n“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.\nBillionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.\nBurry's office and Tesla were not immediately available for comment.\nWhile the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.\nInvestors will closely watch SEC filings from Tesla for any details on Musk's plans. SEC rules give companies four working days to report major events.\nMeanwhile, rival electric-vehicle maker Rivian Automotive Inc is poised to price its roughly $10 billion initial public offering later on Tuesday.\nBacked by both Amazon.com Inc(AMZN.O)and Ford Motor Co(F.N), Rivian last Friday boosted its offering's price range as investors bet on the company to be the next big player in a sector dominated by Tesla.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":847574647,"gmtCreate":1636540699219,"gmtModify":1636540699219,"author":{"id":"3577580366301047","authorId":"3577580366301047","name":"Lifestyle","avatar":"https://static.tigerbbs.com/f4d6b8a93bb67c48d769484626037d6e","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"20% pull back is a healthy correction for Tesla shares before it can go even higher. I believe next year share price would be crazy!! 😅","listText":"20% pull back is a healthy correction for Tesla shares before it can go even higher. I believe next year share price would be crazy!! 😅","text":"20% pull back is a healthy correction for Tesla shares before it can go even higher. I believe next year share price would be crazy!! 😅","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/847574647","repostId":1121436019,"repostType":2,"repost":{"id":"1121436019","pubTimestamp":1636500753,"share":"https://www.laohu8.com/m/news/1121436019?lang=&edition=full","pubTime":"2021-11-10 07:32","market":"us","language":"en","title":"Tesla shares skid again as investors brace for possible Musk stock sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1121436019","media":"Reuters","summary":"Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped th","content":"<p>Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.</p>\n<p>Nearly $200 billion in market capitalization was wiped off from Tesla as Musk's potential sales of his $17 billion stake triggered concerns about the stock's valuation following a flurry of stock sales by some board members.</p>\n<p>The rout comes after Musk asked his Twitter followers over the weekend if he should sell 10% of his stake in the company as Washington proposes to hike taxes for the super-wealthy. Nearly 58% said they would support such a sale.read more</p>\n<p>Musk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more</p>\n<p>After the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.</p>\n<p>\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"</p>\n<p>The shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .</p>\n<p>The electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.</p>\n<p>About $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.</p>\n<p>“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.</p>\n<p>BOARD MEMBERS SELL $1 BLN IN SHARES</p>\n<p>Four former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more</p>\n<p>Kimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.</p>\n<p>“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.</p>\n<p>Billionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.</p>\n<p>Burry's office and Tesla were not immediately available for comment.</p>\n<p>While the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.</p>\n<p>Investors will closely watch SEC filings from Tesla for any details on Musk's plans. SEC rules give companies four working days to report major events.</p>\n<p>Meanwhile, rival electric-vehicle maker Rivian Automotive Inc is poised to price its roughly $10 billion initial public offering later on Tuesday.</p>\n<p>Backed by both Amazon.com Inc(AMZN.O)and Ford Motor Co(F.N), Rivian last Friday boosted its offering's price range as investors bet on the company to be the next big player in a sector dominated by Tesla.</p>\n<p><img src=\"https://static.tigerbbs.com/db5014fbc0c39bbf5296ac26b16cf411\" tg-width=\"896\" tg-height=\"636\" width=\"100%\" height=\"auto\"></p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares skid again as investors brace for possible Musk stock sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares skid again as investors brace for possible Musk stock sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.\nNearly $200 billion ...</p>\n\n<a href=\"https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121436019","content_text":"Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.\nNearly $200 billion in market capitalization was wiped off from Tesla as Musk's potential sales of his $17 billion stake triggered concerns about the stock's valuation following a flurry of stock sales by some board members.\nThe rout comes after Musk asked his Twitter followers over the weekend if he should sell 10% of his stake in the company as Washington proposes to hike taxes for the super-wealthy. Nearly 58% said they would support such a sale.read more\nMusk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more\nAfter the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.\n\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"\nThe shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .\nThe electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.\nAbout $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.\n“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.\nBOARD MEMBERS SELL $1 BLN IN SHARES\nFour former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more\nKimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.\n“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.\nBillionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.\nBurry's office and Tesla were not immediately available for comment.\nWhile the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.\nInvestors will closely watch SEC filings from Tesla for any details on Musk's plans. SEC rules give companies four working days to report major events.\nMeanwhile, rival electric-vehicle maker Rivian Automotive Inc is poised to price its roughly $10 billion initial public offering later on Tuesday.\nBacked by both Amazon.com Inc(AMZN.O)and Ford Motor Co(F.N), Rivian last Friday boosted its offering's price range as investors bet on the company to be the next big player in a sector dominated by Tesla.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6525007,"gmtCreate":1636545516782,"gmtModify":1636545516812,"authorId":4097476142152970,"author":{"id":4097476142152970,"authorId":4097476142152970,"name":"DarkFate","avatar":"https://static.tigerbbs.com/a22f6ff84fe185b6d3ad31b8673302d8","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":847574647,"type":1,"supId":0,"prevId":0,"content":"<p>Hold and holding strong... just leave it</p>","text":"<p>Hold and holding strong... just leave it</p>","html":"<p>Hold and holding strong... just leave it</p>"},{"id":6524532,"gmtCreate":1636542074881,"gmtModify":1636542074881,"authorId":3525814947090770,"author":{"id":3525814947090770,"authorId":3525814947090770,"name":"RichRabbit","avatar":"https://static.tigerbbs.com/8c5c05230b0c8b4df3ed14962846ad37","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":847574647,"type":1,"supId":0,"prevId":0,"content":"agree，its a healthy correction regardless elon‘s sale ","text":"agree，its a healthy correction regardless elon‘s sale ","html":"agree，its a healthy correction regardless elon‘s sale "}],"langContent":"CN"},{"id":847509247,"gmtCreate":1636531265936,"gmtModify":1636531361692,"author":{"id":"3555582753204069","authorId":"3555582753204069","name":"HandsomeLee","avatar":"https://static.tigerbbs.com/b3b95e103d2bfb2320b61f131b0868df","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Waiting for dip.. this 12% drop not enough. $800 is what I'm looking at.","listText":"Waiting for dip.. this 12% drop not enough. $800 is what I'm looking at.","text":"Waiting for dip.. this 12% drop not enough. $800 is what I'm looking at.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/847509247","repostId":1121436019,"repostType":2,"repost":{"id":"1121436019","pubTimestamp":1636500753,"share":"https://www.laohu8.com/m/news/1121436019?lang=&edition=full","pubTime":"2021-11-10 07:32","market":"us","language":"en","title":"Tesla shares skid again as investors brace for possible Musk stock sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1121436019","media":"Reuters","summary":"Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped th","content":"<p>Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.</p>\n<p>Nearly $200 billion in market capitalization was wiped off from Tesla as Musk's potential sales of his $17 billion stake triggered concerns about the stock's valuation following a flurry of stock sales by some board members.</p>\n<p>The rout comes after Musk asked his Twitter followers over the weekend if he should sell 10% of his stake in the company as Washington proposes to hike taxes for the super-wealthy. Nearly 58% said they would support such a sale.read more</p>\n<p>Musk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more</p>\n<p>After the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.</p>\n<p>\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"</p>\n<p>The shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .</p>\n<p>The electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.</p>\n<p>About $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.</p>\n<p>“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.</p>\n<p>BOARD MEMBERS SELL $1 BLN IN SHARES</p>\n<p>Four former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more</p>\n<p>Kimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.</p>\n<p>“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.</p>\n<p>Billionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.</p>\n<p>Burry's office and Tesla were not immediately available for comment.</p>\n<p>While the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.</p>\n<p>Investors will closely watch SEC filings from Tesla for any details on Musk's plans. SEC rules give companies four working days to report major events.</p>\n<p>Meanwhile, rival electric-vehicle maker Rivian Automotive Inc is poised to price its roughly $10 billion initial public offering later on Tuesday.</p>\n<p>Backed by both Amazon.com Inc(AMZN.O)and Ford Motor Co(F.N), Rivian last Friday boosted its offering's price range as investors bet on the company to be the next big player in a sector dominated by Tesla.</p>\n<p><img src=\"https://static.tigerbbs.com/db5014fbc0c39bbf5296ac26b16cf411\" tg-width=\"896\" tg-height=\"636\" width=\"100%\" height=\"auto\"></p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares skid again as investors brace for possible Musk stock sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares skid again as investors brace for possible Musk stock sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.\nNearly $200 billion ...</p>\n\n<a href=\"https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121436019","content_text":"Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.\nNearly $200 billion in market capitalization was wiped off from Tesla as Musk's potential sales of his $17 billion stake triggered concerns about the stock's valuation following a flurry of stock sales by some board members.\nThe rout comes after Musk asked his Twitter followers over the weekend if he should sell 10% of his stake in the company as Washington proposes to hike taxes for the super-wealthy. Nearly 58% said they would support such a sale.read more\nMusk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more\nAfter the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.\n\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"\nThe shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .\nThe electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.\nAbout $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.\n“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.\nBOARD MEMBERS SELL $1 BLN IN SHARES\nFour former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more\nKimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.\n“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.\nBillionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.\nBurry's office and Tesla were not immediately available for comment.\nWhile the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.\nInvestors will closely watch SEC filings from Tesla for any details on Musk's plans. SEC rules give companies four working days to report major events.\nMeanwhile, rival electric-vehicle maker Rivian Automotive Inc is poised to price its roughly $10 billion initial public offering later on Tuesday.\nBacked by both Amazon.com Inc(AMZN.O)and Ford Motor Co(F.N), Rivian last Friday boosted its offering's price range as investors bet on the company to be the next big player in a sector dominated by Tesla.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6524412,"gmtCreate":1636540786246,"gmtModify":1636540786246,"authorId":3577580366301047,"author":{"id":3577580366301047,"authorId":3577580366301047,"name":"Lifestyle","avatar":"https://static.tigerbbs.com/f4d6b8a93bb67c48d769484626037d6e","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":847509247,"type":1,"supId":0,"prevId":0,"content":"You can continue to wait and miss the boat. Dollar cost average is still the best strategy","text":"You can continue to wait and miss the boat. Dollar cost average is still the best strategy","html":"You can continue to wait and miss the boat. Dollar cost average is still the best strategy"}],"langContent":"CN"},{"id":847855499,"gmtCreate":1636508511494,"gmtModify":1636508511773,"author":{"id":"3586074983708406","authorId":"3586074983708406","name":"Bryonie","avatar":"https://static.tigerbbs.com/40e9091aa418c1a4602b3db85fa8cf56","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Waiting for u Tesla","listText":"Waiting for u Tesla","text":"Waiting for u Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/847855499","repostId":1121436019,"repostType":4,"repost":{"id":"1121436019","pubTimestamp":1636500753,"share":"https://www.laohu8.com/m/news/1121436019?lang=&edition=full","pubTime":"2021-11-10 07:32","market":"us","language":"en","title":"Tesla shares skid again as investors brace for possible Musk stock sale","url":"https://stock-news.laohu8.com/highlight/detail?id=1121436019","media":"Reuters","summary":"Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped th","content":"<p>Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.</p>\n<p>Nearly $200 billion in market capitalization was wiped off from Tesla as Musk's potential sales of his $17 billion stake triggered concerns about the stock's valuation following a flurry of stock sales by some board members.</p>\n<p>The rout comes after Musk asked his Twitter followers over the weekend if he should sell 10% of his stake in the company as Washington proposes to hike taxes for the super-wealthy. Nearly 58% said they would support such a sale.read more</p>\n<p>Musk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more</p>\n<p>After the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.</p>\n<p>\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"</p>\n<p>The shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .</p>\n<p>The electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.</p>\n<p>About $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.</p>\n<p>“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.</p>\n<p>BOARD MEMBERS SELL $1 BLN IN SHARES</p>\n<p>Four former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more</p>\n<p>Kimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.</p>\n<p>“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.</p>\n<p>Billionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.</p>\n<p>Burry's office and Tesla were not immediately available for comment.</p>\n<p>While the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.</p>\n<p>Investors will closely watch SEC filings from Tesla for any details on Musk's plans. SEC rules give companies four working days to report major events.</p>\n<p>Meanwhile, rival electric-vehicle maker Rivian Automotive Inc is poised to price its roughly $10 billion initial public offering later on Tuesday.</p>\n<p>Backed by both Amazon.com Inc(AMZN.O)and Ford Motor Co(F.N), Rivian last Friday boosted its offering's price range as investors bet on the company to be the next big player in a sector dominated by Tesla.</p>\n<p><img src=\"https://static.tigerbbs.com/db5014fbc0c39bbf5296ac26b16cf411\" tg-width=\"896\" tg-height=\"636\" width=\"100%\" height=\"auto\"></p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares skid again as investors brace for possible Musk stock sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares skid again as investors brace for possible Musk stock sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.\nNearly $200 billion ...</p>\n\n<a href=\"https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.reuters.com/technology/tesla-shares-inch-higher-after-mondays-sell-off-2021-11-09/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121436019","content_text":"Tesla Inc(TSLA.O)shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk.\nNearly $200 billion in market capitalization was wiped off from Tesla as Musk's potential sales of his $17 billion stake triggered concerns about the stock's valuation following a flurry of stock sales by some board members.\nThe rout comes after Musk asked his Twitter followers over the weekend if he should sell 10% of his stake in the company as Washington proposes to hike taxes for the super-wealthy. Nearly 58% said they would support such a sale.read more\nMusk could time the proposed sale to coincide with a federal tax bill of nearly $11 billion that would be triggered by exercising a chunk of his Tesla stock options, worth $26.6 billion as of Monday's close.read more\nAfter the sharp run-up in Tesla's shares, \"Musk has used the now moot political debate on billionaire taxes as an opportunity to monetize billions of his wealth without reflecting a negative view on the company or its share price,\" wrote Michael O'Rourke, of Jones Trading, in a note late on Monday.\n\"It is highly unlikely that there are institutional buyers for Tesla shares at current prices.\"\nThe shares are up nearly 50%% year-to-date afterhitting a series of record highs, triggered by a large order for Tesla cars placed by rental car company Hertz .\nThe electric-car maker's shares ended down 12% at $1,023.50 on Tuesday, the biggest daily percentage drop since early September last year. They shed $138 billion in market capitalization, far more than the total market value of Ford Motor(F.N), in addition to losing nearly $60 billion on Monday.\nAbout $62 billion worth of Tesla shares changed hands on Tuesday, sharply up from $39 billion on Monday.\n“We do feel the stock has moved up substantially in the short term and is probably over-valued by about 20 percent so... for long term investors this isn’t a bad time to rebalance by any means,\" Tesla bull Ross Gerber said on Monday.\nBOARD MEMBERS SELL $1 BLN IN SHARES\nFour former and current Tesla board members, including Musk's brother Kimbal Musk, filed to sell nearly $1 billion worth of shares since Tesla's market value surpassed $1 trillion late last month, according to filings and market data.read more\nKimbal Musk on Friday filed to sell 88,500 Tesla shares worth $109 million, a day before Elon Musk tweeted about his 10% stake.\n“The Big Short” investor Michael Burry noted “the tax-free cash he took out in the form of personal loans backed by 88.3 million of his shares,” Business Insider reported, citing his tweet on Musk's stake sale.\nBillionaires have been criticized for borrowing against their stock without selling the stock and paying capital gains tax on the appreciation.\nBurry's office and Tesla were not immediately available for comment.\nWhile the stock sale could solve a major tax headache for Musk, his tweets raised questions about potential violation of his settlement with the U.S. securities regulator.read moreHe was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.\nInvestors will closely watch SEC filings from Tesla for any details on Musk's plans. SEC rules give companies four working days to report major events.\nMeanwhile, rival electric-vehicle maker Rivian Automotive Inc is poised to price its roughly $10 billion initial public offering later on Tuesday.\nBacked by both Amazon.com Inc(AMZN.O)and Ford Motor Co(F.N), Rivian last Friday boosted its offering's price range as investors bet on the company to be the next big player in a sector dominated by Tesla.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6519972,"gmtCreate":1636508536014,"gmtModify":1636508536043,"authorId":3586074983708406,"author":{"id":3586074983708406,"authorId":3586074983708406,"name":"Bryonie","avatar":"https://static.tigerbbs.com/40e9091aa418c1a4602b3db85fa8cf56","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":847855499,"type":1,"supId":0,"prevId":0,"content":"Meet u at the <u>dip</u>","text":"Meet u at the <u>dip</u>","html":"Meet u at the <u>dip</u>"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":255,"commentSize":75,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1121436019"}