Is Elon Musk going to sell Tesla stock? TSLA Stock Price and Forecast: Is Elon Musk Going to Sell Tesla Stock?

Mr. Plan ₿
3 min readNov 8, 2021

Tesla’s (TSLA) stock plummets in the premarket after Elon Musk tweets about selling 10% of his stake.
TSLA stock has been rising, setting new highs.
Are they about to be wrong, just as they are long?

Elon Musk is a copywriter’s ideal CEO: always contentious, always fascinating, and always deviating from the script. He’s had a few run-ins with regulators over the years for his remarks, and this newest one isn’t going to endear him to those conservative regulators, or those long his stock. He’s the king of the long! Last week, Tesla shares were surging, smashing record after record as options volume soared and retail investors stocked up on calls. As the hysteria persisted, the stock breached $1,000 and proceeded to rise, shortly putting $1,200 in its rearview mirror.

Tesla (TSLA) stock news

We bring this tweet from Elon Musk on Friday night, in case you missed it. And, sure, it appears to have come from his verified account.

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Mr. Plan ₿
Mr. Plan ₿

Written by Mr. Plan ₿

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