Report Questions What Musk Knew When He Sold Tesla Shares

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The Street

By Tony Owusu Elon Musk’s December share dump is getting scrutiny. What did he know, and when? That’s the question a Wall Street Journal article is asking about Tesla (TSLA) – Get Free Report CEO Elon Musk and his decision in December 2022 to unload about 22 million shares worth, or about $3.6 billion, in his electric vehicle company. On January 2, Tesla announced fourth-quarter deliveries of 405,278 new vehicles that missed analyst estimates of 450,000 deliveries. The WSJ is questioning the timing of the sale based on that miss. “This should be of great interest to the SEC,” said James Cox, a…

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