Elon Musk tells investors he'll pause on Tesla stock sales

Elon Musk tells investors he'll pause on Tesla stock sales

a year ago
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https://apnews.com/46e4eec12ff3fd5d285fdbf1a48f1722

CEO Elon Musk says he won't sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since Musk's purchase of Twitter went through in October.

ā€œIā€™m not selling any stock for 18 to 24 months,ā€ Musk said during an audio-only Twitter Spaces group conversation on Thursday. Musk then said he wouldn't sell Tesla shares for two years, but backtracked and said he would pause sales for at least one year.