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https://www.barrons.com/articles/elon-musk-selling-tesla-stock-51668025839
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Elon Musk sold Tesla stock on Friday, Monday, and Tuesday. Investors were following his lead on Wednesday.
Although the stock (ticker: TSLA) traded higher at points early in the day, the gains didn’t hold. Shares closed down down—again—at $177.59 for a loss of 7.3%. The S&P 500 and Dow Jones Industrial Average dropped 2.1% and 2%, respectively.