Tesla's Frankfurt-listed shares up after Musk sells stake worth $5 bln

  • 11/11/2021
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Tesla Inc’s Frankfurt-listed shares rose more than 4% on Thursday hours after filings showed top boss Elon Musk had sold about $5 billion in stock recently. Shares were up 4.1% at 953 euros, as of 0702 GMT. The electric vehicle maker’s U.S.-listed shares have shed nearly 13% this week after Musk polled Twitter users on whether he should offload a tenth of his holdings. The poll garnered more than 3.5 million votes, and 57.9% of the people voted in favor. (Reporting by Tanvi Mehta in Bengaluru; Editing by Subhranshu Sahu)

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