Elon Musk Sold Tesla Shares Before Company Acknowledged Weakness

  • 📰 WSJ
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Elon Musk sold nearly $3.6 billion of Tesla shares a few weeks before the company said vehicle deliveries were significantly below the company’s guidance

The stock tumbled after the CEO’s sale and fell further on the electric-car maker’s deliveries report

Tesla closed its worst year in its stock’s history, shedding about $675 billion in market valuation in 2022—the same year CEO Elon Musk bought Twitter. But reasons for the selloff go well beyond the social-media company. WSJ’s Sean McLain explains. Photo illustration: Amber Bragdon/Getty ImagesLate last year, after a wave of news reports pointing to sagging demand for his company’s vehicles, Tesla Inc.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Whenever he sells, or does anything, it's the wrong time. Leave the man alone!

the guy keep playing with the sentiments of market and thus with the people’s money

You sucker this was happened a month ago, before elonmusk get into silence period, right?

Had to come up with the cash for Twitter.

This guy is shady AF. I dont know why he keeps getting a pass. Why do sheeple keep calling him brilliant. Because he made a less-shitty EV? Born privileged, and was in the right place & right time w his paypal investment. He was made for the social media age, thats all

OMG, that is huge! Please report this activity to FTC!

The bottom feeder of ad hominems serving up Musk hitpiece du jour. Calumny bot working overtime?

Elon is shady as the day is long. If anyone hasn't figured that out yet they need to be woken up from a life of slumber. When people show you who they are, believe them.

He got margin called on his Twitter financing. Not a planned sale.

Tesla is on sale! Buy, buy, buy. If you don’t, follow it.

Genius...

He's a conman, always has been

FUD against Tesla elonmusk CONTINUES 😳 $TSLA

So EPS is still about $3.50?

WSJ owner attempting to short $tsla shares, no doubt. Even the clicky bait title of the article is a disaster.

Tesla vehicles are poor quality. They consistently rank at the bottom of Consumer Reports satisfaction and reliability ratings. The polish is wearing off of the 💩.

Elon made a right choice, Twitter is more useful than Tesla

Anyone that believes this guy...you are the problem. Pathological liar!

Possibly because he just bought Twitter? It is not uncommon to sell one thing when you are about to buy another thing that you want more.

It's OK... He's a wealthy white male so nothing will happen and no charges will ever be brought. 🤷

Fraud

Veus quin crack, sergi72866777

Let’s pretend to be shocked.

...with the proceeds going to fund the money losing entity that is Twitter.

He is a Sgebenga that one.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines