Tesla (TSLA) stock falls as Elon Musk plans to sell 10% of his stake
Tesla’s (TSLA) stock is falling by as much as 5% in pre-market trading – seemingly putting a bookend on an incredible rally. This is against the backdrop of the US passing the landmark infrastructure package which includes big outlays for EV ecosystem.
One of the main catalysts appears to be Elon Musk confirming plans to sell 10% of his stake in the company over growing pressure over the idea that “the rich don’t pay taxes”.
But is he being genuine?
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