Trending: Musk Sells $3.5 Billion Worth of Tesla Stock
16 December 2022 - 06:11AM
Dow Jones News
13:41 ET -- Tesla Inc. is one of the most talked about companies
in the U.S. across all news items in the last 12 hours, according
to Factiva data. Elon Musk sold more than $3.5 billion worth of
Tesla stock this week in his second round of sales since buying
Twitter Inc. Mr. Musk sold nearly 22 million shares over a
three-day period ending Dec. 14, according to a regulatory
disclosure. RBC Capital lowered its Tesla price target to $225 from
$325. Tesla shares were recently up 0.7% to $157.87. Dow Jones
& Co. owns Factiva. (josh.beckerman@wsj.com)
(END) Dow Jones Newswires
December 15, 2022 13:56 ET (18:56 GMT)
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