Why Tesla Shares Are Falling

Tesla Inc TSLA shares are trading lower after CEO Elon Musk sold stock in the company last week.

A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Musk sold 1,200,000 shares of Tesla at prices ranging from $1,021 to $1,045. The total transaction amounted to $1,235,607,329... Read More

See Also: Tesla's Stock Keeps Dipping: What Might Be Next?

Tesla chief Elon Musk also took to Twitter over the weekend to mock Sen. Bernie Sanders (I-VT) after the progressive legislator made yet another social media pronouncement to increase taxes on the ultra-wealthy... Read More

I keep forgetting that you're still alive

— Elon Musk (@elonmusk) November 14, 2021

Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles.

Tesla has a 52-week high of $1,243.49 and a 52-week low of $401.66.