Never Mind Tesla CEO Elon Musk’s Stock Sales. Look What Microsoft’s CEO Just Did.
A lot has been made of Tesla CEO Elon Musk’s stock sales, but Microsoft CEO Satya Nadella recently sold a chunk of stock that is a much larger portion of his total holdings.Nadella sold about half his stake in Microsoft , according to recent filings with the Securities and Exchange Commission. The CEO unloaded 838,584 shares on Nov. 22 and 23, netting him about $285 million. He has about 831,000 Microsoft shares left, worth roughly $280 million.“Satya sold approximately 840,000 shares of his hol
Tesla Stock Closed Above $900 for First Time. What Could Come Next.
Tesla stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?Tesla stock closed at $909.68, up about 1.8%. The S&P 500 dropped about 0.1%, while the Dow Jones Industrial Average added about 0.2%.Shares of the electric-vehicle giant have been boosted by strong deliveries and earnings. Shares also got a boost Friday from a credit upgrade at S&P. Tesla debt is now BB+ rated, one notch below investment grade.Tesla stoc