Description: Elon Musk sold Tesla Inc. stock for a seventh consecutive trading day, bringing him almost halfway to his promise to unload 10 per cent of his stake in the electric car-maker.
Source: BNNBloomberg.ca – video report
Date: Nov 17, 2021
Questions for discussion:
- What is the story behind Musk’s decision to sell off 10% of his stock?
- How has this decision affected the stock and the public image of the company, in your opinion?
- Do you you think this event is a “good thing” from a PR point of view for the firm?