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Tesla shares fall after Twitter users vote for Musk to sell stock

Shortpedia

Content Team
Image Credit: shortpdia

Tesla Inc shares fell 7.5% in premarket trading on Monday as investors prepared for its chief Elon Musk's proposed sale of about a tenth of his holdings in the electric-car maker following his Twitter poll. Musk, Tesla's chief executive officer and the world's richest person, tweeted on Saturday that he would offload 10% of his stock if users of the social media network approved the proposal.