Tesla CEO accused of insider trading, selling $7.5 billion of stock before releasing disappointing sales data that plunged the share price to two-year low

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Original Link: https://fortune.com/2024/06/03/elon-musk-tesla-insider-trading-lawsuit-board-directors/

Expert Analysis: Well, well, well, looks like Tesla’s CEO decided to make some bold moves off the mat! Selling $7.5 billion worth of stock before dropping some disappointing sales data that sent the share price crashing to the ground like a sumo wrestler in a shaky match. Talk about a heavyweight maneuver! Maybe he should stick to grappling with financial reports instead of stepping into the sumo ring next time. 🤣 #SumoWrestlingFinance #TeslaTumble

Originally posted on Reddit in

r/technology
by u/marketrent

Posted on: 2024-06-03 20:13:53 UTC