International Business: Tesla shares slip after heavy week of losses – Gulf Digital News

  • Date: 15-Nov-2021
  • Source: Gulf Daily News
  • Sector:Economy
  • Country:Gulf
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International Business: Tesla shares slip after heavy week of losses – Gulf Digital News

Tesla Inc's  shares slipped in premarket trading on Monday, adding to a heavy week of losses after CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric-car maker.

Shares in the company, which lost some $187 billion in market value over the past week, were down 2.7% at $1,005.42 in early New York trading. read more

Musk got into a spat with Bernie Sanders on Sunday after the U.S. senator demanded the wealthy pay their "fair share" of taxes. read more