Tesla dipped nearly 2% in premarket trading as Musk sold another 934,091 shares on Monday
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
Lucid Group Passes Ford In Market Cap, Continues To Rally Higher
Lucid Group Inc. (NASDAQ: LCID) shares were trading higher Tuesday after the company announced its third-quarter financial results. Lucid announced that it ended the third quarter with about $4.8 billion in cash.