Tesla Inc TSLA shares are trading lower as the stock continues to pull back from its recent surge. China-made vehicle sales reportedly fell 3% month over month in October.
Tesla shares were also trading lower Monday following a Twitter poll from CEO Elon Musk asking followers if he should sell 10% of his shares in the company.... Read More
Much is made lately of unrealized gains being a means of tax avoidance, so I propose selling 10% of my Tesla stock.
— Elon Musk (@elonmusk) November 6, 2021
Do you support this?
Tesla shares were otherwise trading higher last week, with Hertz recently announcing it ordered 100,000 EVs from the company, and Tesla reaching a $1 trillion market cap. Biden's climate agenda has also helped lift EV stocks recently.
See Also: After Musk's Denial, What's Really Cooking Between Tesla And Hertz?
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 $396.03.
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