The last time Musk sold shares was on November 23, after several trades in a row in the previous weeks. In total, $ 11 billion worth of Tesla stock has been shed since November 8. And it is expected to continue.
A month ago, the richest man in the world asked his followers what he should do with the 10% of the shares he owned in Tesla and the answer was that he sell them. Thus, it would already be close to half of that goal.
Elon Musk is an active Twitter user where he constantly interacts with others and releases comments on the markets that usually generate significant movements in company shares. Sometimes he blesses, sometimes he demolishes.
In fact, it was his tweets that contributed to the fact that in 2021 Bitcoin took off up to over US $ 60,000, and then lost half of its value after he himself communicated that Tesla would no longer accept the cryptocurrency as a payment method.
He later blessed Dogecoin, and the cryptocurrency became a star of the market, although its light now shines less.
Who will be Elon Musk’s next victim?
Source From: Ambito
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