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Tesla shares dropped 1% in premarket trading

Tiger Newspress2021-12-10

Tesla shares dropped 1% in premarket trading after Musk sold Tesla shares worth $963.2 million and Musk said he was 'thinking of' quitting his jobs.

Tesla Inc Chief Executive Officer Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $963.2 million, U.S. securities filings showed on Thursday.

He also exercised stock options to buy 2.17 million shares of Tesla, according to the filings.

Tesla Inc Chief Executive Officer Elon Musk is "thinking of" leaving his jobs and becoming an influencer, the world's richest man tweeted on Thursday.

"thinking of quitting my jobs & becoming an influencer full-time wdyt," Musk said in the tweet, without elaborating.

It was not immediately clear if Musk, a prolific user of the social media platform, was being serious about quitting his roles.

Musk, who is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company, said during a conference call in January that he expects to be the CEO of Tesla for "several years".

"It would be nice to have a bit more free time on my hands as opposed to just working day and night, from when I wake up to when I go to sleep 7 days a week. Pretty intense."

Last month, he asked his followers on Twitter whether he should sell 10% of his stake in the electric-car maker, to which the majority agreed. He has sold shares worth nearly $12 billion since.

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  • HOK
    ·2021-12-11
    Yay 
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  • Dragonflys
    ·2021-12-11
    👍🏼
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    收起
    • Win Win
      Great
      2021-12-11
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  • Calvinchin
    ·2021-12-10
    Ok
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  • KyveTang
    ·2021-12-10
    Like
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  • AdrianLumSG
    ·2021-12-10
    why drop again?
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  • Gcwj
    ·2021-12-10
    Musk 
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  • Okie_cheong
    ·2021-12-10
    Top up time!!! 😱😱😱
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  • Geee
    ·2021-12-10
    It’s kinda scary when people tweet like that-it’s public info that kinda frightened people who believed in you. Let’s hope for the best! 
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  • Kel9670ong
    ·2021-12-10
    His powerful opinions.....
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  • Nickystonks
    ·2021-12-10
    Hopefully he is trolling as usual [Spurting] 
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  • Jehms
    ·2021-12-10
    OMG 😱 
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  • KYHBKO
    ·2021-12-10
    Musk is the main reason why Tesla, SpaceX, Starlink, Nueralink and the Boring company exist and make difference towards sustainability and space. 
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    • KYHBKO
      yes. enemy? maybe not to the Tesla Bulls
      2021-12-11
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    • uuunited
      That's true. He is everyone's idol.
      2021-12-11
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    • BecauseOfYou
      Musk is a public idol. But now he is also the enemy of Tesla shareholders.
      2021-12-10
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    查看更多 2 条评论
  • wywy
    ·2021-12-10
    Wonder is this still investment of stock[Speechless] 
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    • uuunited
      Of course. Opportunities come every day.
      2021-12-11
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  • Donald TH
    ·2021-12-10
    [Facepalm] 
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  • NgYH
    ·2021-12-10
    This guy...
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  • WolfMyFren
    ·2021-12-10
    Well if he really quits tesla stock price will be affected jus for awhile, i believe there are many capable ppl  to replace him.
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    • tkj
      i agree. tesla is already self running. he will not make a difference. but perhaps new technologies like space and others may still need his name sake....
      2021-12-12
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  • L30N8rD
    ·2021-12-10
    Oh No…
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  • SailsWind
    ·2021-12-10
    This is called "Key Man Risk".
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  • Dollarvan
    ·2021-12-10
    Like
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  • ZEROHERO
    ·2021-12-10
    Helping ppl to buy low again? 😬
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