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Tesla dipped nearly 2% in premarket trading as Musk sold another 934,091 shares on Monday

Tiger Newspress2021-12-14

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 he would reduce his stake in Tesla Motors by 10%.

If you don't count the stocks he bought, the number of shares reduced has actually reached the goal that10% of the shares sold is equivalent to about 17 million shares.

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评论27

  • Handoko
    ·2021-12-14
    💪🏻
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    • Yao84
      Yup
      2021-12-14
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  • Mericula
    ·2021-12-14
    This is so crazy. How can one man's action shake the whole Tesla stock price?
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    • Wayneqq
      Same as the fed.. how can jerome powell shake the entire market? At least Elon musk cannot shake the entire market..
      2021-12-15
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    • TooSquare
      The price went up also because of one man
      2021-12-14
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  • Deonc
    ·2021-12-14
    Dips again 
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    • Deonc

      This is a good company, keep for long term. Please like and comment. Thanks.

      2021-12-15
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  • Tinkerbell88
    ·2021-12-14
    👍
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  • OCY
    ·2021-12-14
    [Miser] 
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  • Jamz_stocks
    ·2021-12-14
    looks like he's the one buying the dip
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    • Hayz
      do you know what is the cost of his share options?  hint: way way way below $100....
      2021-12-14
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  • bluetea6
    ·2021-12-14
    waiting for dip to go lower 
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  • Ric88
    ·2021-12-14
    Power
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  • MHh
    ·2021-12-14
    Is he secretly buying back now that it’s cheaper. A quick turnaround profit of at least 2%? Sneaky…
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  • TeikLeong
    ·2021-12-14
    👌
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  • Cheryi
    ·2021-12-14
    Ok
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  • koolgal
    ·2021-12-14
    Just a temporary setback for Tesla.  Hopefully Elon Musk would finish selling off 10% of his shares soon and then Tesla shares will bounce! Go Tesla! 🚀🚀🚀🌙🌙🌙
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    • koolgal
      Yes. Thanks for sharing
      2021-12-16
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    • snowbear84
      drop more
      2021-12-16
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    • koolgal
      Yes I think so.
      2021-12-15
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  • JC888
    ·2021-12-14
    Logically speaking Tesla share price would begin to fall overtime; not because Tessla is no longer a leading EV company.  But because when existing ICE car manufacturers start rolling out EV of their own - based on the Supply and Demand (not to mention variety) theory kicking in it is natural for the share price to fall.  There will be many competitors fighting for the immediate set of finite buyers.  Not unless Tesla pivots to other businesses and continues to have astronomical Quarter earnings.  What do you think ?
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    • JC888
      How fast Tesla falls  (a) existing US car makers roll out their EVs (b) new US EV makers roll out their cars and (c) how fast Chinese EVs make it to US . All starts frm Q2 2022 for sure....
      2021-12-20
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    • bluetea6
      but it will still take a while even if shift takes place
      2021-12-14
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    • tkj
      I agree
      2021-12-14
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  • Syin23
    ·2021-12-14
    Oh no [Facepalm] 
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  • Trillion
    ·2021-12-14
    Noted
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    • ILFTS
      Like please
      2021-12-14
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  • Raymond Lee
    ·2021-12-14
    Not sure if he selling telsa on Tuesday afternoon...
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    • Cheryi
      ok
      2021-12-14
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  • currylow
    ·2021-12-14
    Like pls
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    • user1209
      k
      2021-12-14
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    • Jenny88888
      Ok
      2021-12-14
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    • Nienz
      Liked
      2021-12-14
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    查看更多 1 条评论
  • Jeg
    ·2021-12-14
    No..
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    • currylow
      yea
      2021-12-14
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  • ERIC KHOO SG
    ·2021-12-14
    No no NOOOOOOOOOOO
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  • Clover128
    ·2021-12-14
    Yes! With Key person selling, one would expect the price movement to follow as well. Sign of no fear!![OMG] 
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    • Jeg
      haiz
      2021-12-14
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