Tesla shares fall after Elon Musk’s Twitter poll backs sell-off plan

Tesla shares fall after Elon Musk’s Twitter poll backs sell-off plan

Tesla shares fall after Elon Musk’s Twitter poll backs sell-off plan

The Guardian says Tesla’s Frankfurt-listed shares fell about 9% in early trading on Monday as investors prepared for chief executive Elon Musk’s proposed sale of about a tenth of his holdings in the electric carmaker after his Twitter poll.

Musk, the world’s richest person, tweeted on Saturday that he would offload 10% of his stock if users of the social media network approved the proposal.

The Twitter poll asking Musk’s followers if he should sell stock, attracted more than 3.5m votes, and 57.9% of people voted “yes”.

https://www.theguardian.com/technology/2021/nov/08/tesla-shares-fall-elon-musk-twitter-poll-sell-off-plan


UK News Briefing Homepage uk news live today 24-7 Best on the market

UK News Briefing Homepage uk news live today 24-7 Best on the market

LIVE News EU News Breaking news UK Politics COVID-19 USA News World News United Arab Emirates Italian News Spain Palestine News News Briefings World News Briefing UK…
The Sun - ‘Richard out, Arlene and Naughty Boy on brink’

The Sun - ‘Richard out, Arlene and Naughty Boy on brink’

According to The Sun, I'm A Celebrity...Get Me Out Of Here bosses fear there could be an exodus after TV presenter…
The Guardian - ‘6 countries on red list as Covid variant poses risk’

The Guardian - ‘6 countries on red list as Covid variant poses risk’

The Guardian writes that six countries in southern Africa have been placed on England's red travel list over concern on what…

……………………

FOLLOW US ON SOCIAL MEDIA AND SHARE WTX NEWS WITH YOUR FRIENDS

AND FAMILY:

FacebookPlease like our page

TwitterTwitter updates available in English and Arabic. Please follow us and we would love to hear from you

Instagram – Follow our pages in English and Arabic

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.