Tesla (TSLA) CEO Elon Musk's bid to offload a 10% stake in the EV giant is already having a ripple effect. Reuters reports that the stock has shed about $187 billion in market value amid the share sell-off drive. Tesla is a U.S. company that designs and manufactures electric cars as well as solar energy generation systems and energy storage products. (See Top Smart Score Stocks on TipRanks) Rivian and Lucid Price Gains As Tesla stocks edged lower on Musk selling about 8.2 million shares for about $8.8 billion, Rivian Automotive (RIVN) and Lucid Group (LCID) have posted solid price gains in the market.
https://www.tipranks.com/news/tesla-bounces-back-as-musk-sells-973m?utm_source=advfn.com&utm_medium=referral
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Tesla Charts.
Tesla (NASDAQ:TSLA)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Tesla Charts.