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2021-11-10
So should we sell too?
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too?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847468997","repostId":"1191091004","repostType":2,"repost":{"id":"1191091004","pubTimestamp":1636542514,"share":"https://www.laohu8.com/m/news/1191091004?lang=&edition=full","pubTime":"2021-11-10 19:08","market":"us","language":"en","title":"Tesla shares steady after two-day rout wipes out $200 bln in market cap","url":"https://stock-news.laohu8.com/highlight/detail?id=1191091004","media":"Reuters","summary":"Nov 10 (Reuters) - Tesla Inc shares edged higher on Wednesday, following a two-day rout that saw the","content":"<p>Nov 10 (Reuters) - Tesla Inc shares edged higher on Wednesday, following a two-day rout that saw the electric-car maker shed as much as $200 billion in market capitalization.</p>\n<p>The selloff was spurred by company chief Elon Musk’s poll over the weekend asking his Twitter followers if he should sell 10% of his stake in the company. A near 58% said they supported a sale.</p>\n<p>Tesla shares were up 1.7% at $1,041.25 by 0940 GMT after sliding 8% so far this week.</p>\n<p>Investors are keeping a close watch on Tesla filings with the U.S. Securities and Exchange Commission (SEC) for any clues on Musk’s share-sale plans. SEC rules give companies four working days to report major events.</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 late last month, according to filings and market data.</p>\n<p>“A CEO asking his followers if he should sell a large number of shares is never going to reflect well in the share price. Doing so a day after his brother has sold a large number just compounds investor fears,” said Craig Erlam, market analyst at Oanda.</p>\n<p>“That said, I think we need to take Musk with a pinch of salt and investors may quickly view this as a dip buying opportunity.”</p>\n<p>Despite the selloff, the stock is still up nearly 45% for the year after hitting a series of record highs in an eye-watering rally that catapulted the company into the trillion-dollar club last month.</p>","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 steady after two-day rout wipes out $200 bln in market cap</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 steady after two-day rout wipes out $200 bln in market cap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 19:08 GMT+8 <a href=https://www.reuters.com/article/tesla-musk-stake-stocks/tesla-shares-steady-after-two-day-rout-wipes-out-200-bln-in-market-cap-idUSL4N2S12IU><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nov 10 (Reuters) - Tesla Inc shares edged higher on Wednesday, following a two-day rout that saw the electric-car maker shed as much as $200 billion in market capitalization.\nThe selloff was spurred ...</p>\n\n<a href=\"https://www.reuters.com/article/tesla-musk-stake-stocks/tesla-shares-steady-after-two-day-rout-wipes-out-200-bln-in-market-cap-idUSL4N2S12IU\">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/article/tesla-musk-stake-stocks/tesla-shares-steady-after-two-day-rout-wipes-out-200-bln-in-market-cap-idUSL4N2S12IU","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191091004","content_text":"Nov 10 (Reuters) - Tesla Inc shares edged higher on Wednesday, following a two-day rout that saw the electric-car maker shed as much as $200 billion in market capitalization.\nThe selloff was spurred by company chief Elon Musk’s poll over the weekend asking his Twitter followers if he should sell 10% of his stake in the company. A near 58% said they supported a sale.\nTesla shares were up 1.7% at $1,041.25 by 0940 GMT after sliding 8% so far this week.\nInvestors are keeping a close watch on Tesla filings with the U.S. Securities and Exchange Commission (SEC) for any clues on Musk’s share-sale plans. SEC rules give companies four working days to report major events.\nFour former and current Tesla board members, including Musk’s brother Kimbal Musk, filed to sell nearly $1 billion worth of shares late last month, according to filings and market data.\n“A CEO asking his followers if he should sell a large number of shares is never going to reflect well in the share price. Doing so a day after his brother has sold a large number just compounds investor fears,” said Craig Erlam, market analyst at Oanda.\n“That said, I think we need to take Musk with a pinch of salt and investors may quickly view this as a dip buying opportunity.”\nDespite the selloff, the stock is still up nearly 45% for the year after hitting a series of record highs in an eye-watering rally that catapulted the company into the trillion-dollar club last month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":768,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}
