Musk sold stocks again, Tesla fell out of the "trillion dollar club"

Time:2021-12-31 Source: 992 views Trending Copy share

On December 14, Capital State learned that on December 13, local time, Musk once again sold 93,4091 Tesla shares, valued at approximately US$906.5 million.

At the same time, Musk exercised options and bought 2,134,440 Tesla shares at a price of $6.24 per share.

It is reported that since November 8, Musk has sold about 11,966,421 Tesla shares, accounting for 70.18% of the number of shares he had previously committed to sell.

As Musk sells shares, Tesla's stock price has fallen 21.42% from its peak on November 4.

As of the close of trading on December 13, Tesla's share price fell below the $1,000 mark to $966.41, a decrease of 6.1%. Tesla also withdrew from the "Trillion Dollar Club" with a market value of 970.5 billion US dollars.

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