Tesla shares approach bear market territory on prolonged selloff

Tesla shares have been falling over the past week after chief executive Elon Musk sold a chunk of his stock and hinted he may sell more.Tesla Inc. shares are nearing bear market territory after tumbling over the past week as Chief Executive Officer Elon Musk sold a chunk of his stock in the electric vehicle maker, and hinted that he may sell more.Article content

The shares dropped as much as 5.3 per cent on Monday in New York, retreating more than 20 per cent from the record high of US$1,229.91 touched on Nov. 4. The stock recovered slightly to trade down 4.1 per cent at US$991.35 as of 11:18 a.m. A stock enters a bear market when it falls 20 per cent on a closing basis.

One and half YEARS later!! She hears about the pro-nazi curriculum. Is LaGrange doing her job!? Is this what our tax dollars pay for. WHAT A SWEET GIG! An awesome salary, bonuses, wine-dine-gifts from suppliers, awesome pension, investment opportunities. Does nothing - ON OUR $$

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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Tesla CEO Elon Musk spars with Bernie Sanders, offers to sell more of the company’s stockAfter U.S. Senator Bernie Sanders demanded on Twitter that the wealthy pay their ‘fair share,’ Tesla CEO Elon Musk fired back on the social media platform with an offer to sell more of the electric car company’s stock
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