Musk sells shares again, and Tesla's market value has evaporated by nearly $50 billion

Time:2021-12-30 Source: 929 views Trending Copy share

On December 17, Capital State learned that on December 16, local time, Musk once again sold 93,4091 Tesla shares, valued at approximately US$884 million.

At the same time, Musk exercised the options and bought 2,151,940 Tesla shares at a price of $6.24 per share.

It is reported that since November 8, Musk has sold about 12,900,512 Tesla shares, accounting for 75.66% of the number of shares he had previously promised to sell.

As Musk sells shares, Tesla's stock price has fallen 25.46% from its peak on November 4.

As of the close of trading on December 16, Tesla's stock price was US$926.92, a decrease of 5.03%, and its market value was US$930.9 billion, a decrease of nearly US$50 billion overnight.

Disclaimer : The above empty space does not represent the position of this platform. If the content of the article is not logical or has irregularities, please submit feedback and we will delete or correct it, thank you!

Top News