Tesla chief executive Elon Musk has said he will not sell any more of his stock in the company for two years. Mr Musk, who founded the electric vehicle-maker, was speaking on a Twitter Spaces audio chat when he said the economy is likely to be in a "serious recession" next year. ...
"Elon Musk has the right to express his political views, but his public activism seems at odds with his responsibility as CEO to protect shareholder value," an anonymous retail investor wrote on a forum that Tesla uses to solicit investor questions. "How does Tesla addr...
Tesla shares soared again Friday, capping a big week for the EV maker as Wall Street analysts bet that Elon Musk’s company will benefit from Donald Trump’s return to the White House. The stock was up more than 9% in afternoon trading, pushing the gain for the week to 30% and boo...
Elon Musk continuedselling Tesla shareslast week, offloading a combined $6.9 billion worth of stock. Since the Tesla CEO pledged in a Twitter poll to sell 10% of his holdings in the company (worth about $20 billion), it means he’s still a long way to reaching that threshold. So why ...
ISS dismissed the proposal as "excessive" and Glass Lewis wrote in a 71-page report, shared with CBS MoneyWatch, that Tesla shareholders risk stock dilution if Musk is granted the massive stock grant, meaning their shares could be worth less as a result. ...
Tesla stock has staged a massive—and somewhat surprising—rally since the election. And Wall Street is getting more optimistic about Elon Musk’s electric vehicle maker. Tesla stock shot up another 8.2% on Friday to cruise past $320 a share, closing at $321.22 while the S&P 500 rose 0....
While this helped put a floor underneath Tesla’s price, some may have forgotten his implicit warning that the time may yet come when he needs to offload stock once more. With 2025 now rapidly approaching and X’s fin...
Tesla CEO Elon Musk announced on Thursday that he would not sell any more Tesla stock for approximately two years. In a Twitter Spaces audio chat, Musk stated that he expects a “serious recession” in 2023 and a decrease in demand for high-cost items. ...
Tesla's stock price has rallied in recent weeks after a better-than-expected deliveries report and positive comments from analysts. Tesla (TSLA) shares finished Monday higher as CEOElon Musksaid the EV maker delayed its robotaxi debut event because he requested a design change. ...
Detroit— Elon Musk has sold 4.4 million shares of Tesla stock worth roughly $4 billion, most likely to help fund his purchase of Twitter.Musk reported the sale in a filing with the Securities and Exchange Commission on Thursday. The shares were sold over the past few days, at prices rangi...