Musk Stopped Selling Tesla Stock. But There’s Another Reason Shares Are Up.
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https://www.barrons.com/articles/tesla-tsla-stock-options-elon-musk-51640711481
Updated Dec. 28, 2021 1:05 p.m. ET / Original Dec. 28, 2021 12:12 p.m. ET
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Tesla banal is connected different teardrop for a fewer reasons, main among is that CEO Elon Musk is fundamentally done selling his shares. But there’s different method origin that appears to beryllium driving shares higher into year-end: options trading.
Tesla (ticker: TSLA) has risen much than 16% since Dec. 21, astir the clip Musk said his banal selling was winding down. The S&P 500 and Dow Jones Industrial Average person some gained astir 3% implicit the aforesaid span.
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