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Tesla Falls as Twitter Users Back Musk Selling 10% of Stake
Posted
November 8, 2021
Views
778
Likes
23
Comments
7
Engagement
3.86%
November 8, 2021
778
23
7
3.86%
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8:20Now PlayingTesla Inc. declined after Elon Musk’s Twitter followers voted in favor of selling 10% of his stake in a poll set up by the electric-car chief.
A majority of 3.5 million Twitter users -- 58% -- said they’d support such a sale in a Twitter poll that Musk ran during the weekend. The stake would be valued at about $21 billion based on 170.5 million Tesla shares he holds.
“I was prepared to accept either outcome,” Musk said in a tweet after the poll closed.
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