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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 ?

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

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

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

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