Tesla Inc. stock was poised to end at its lowest in nearly two years on Wednesday following news that Chief Executive Elon Musk sold $3.95 billion worth of his shares.
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Tesla Inc. shares were poised to end at their lowest in nearly two years on Wednesday, following news that Chief Executive Elon Musk sold about $3.95 billion worth of shares a week after closing his deal for Twitter Inc.
Tesla stock TSLA, -5.95% was on track to end at its lowest since Nov. 23, 2020, when it closed at $173.95. On Monday, the stock closed under $200 for the first time since June 2021.