Tesla sold shares – company's shares fell in price

11:20 - 11.02.2021

February 11, Fineko/abc.az. Tesla’s shares decreased more than by 5% after Elon Musk's brother Kimbal Musk sold 30,000 shares for $25.6 million.

ABC.AZ reports that on 9 February Kimbal Musk sold the shares at price of $852.12 per share.

Tesla’s shares fell by 5.3% in after-hours trading to $804.82 per share. After the transaction, the number of shares owned by Kimbal Musk fell to 599,740, and the total value of the shares is about $483 million.

By Elmir Murad

 

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