Tesla stock price drops as Elon Musk sells $US3.58 billion in shares

Tesla CEO Elon Musk has sold approximately 22 million shares in the electric-car specialist as the company’s stock price hits a two-year low.


Tesla’s stock price has fallen to its lowest point in more than two years, coinciding with CEO of the US electric-car giant, Elon Musk, selling $US3.58 billion ($AU5.34 billion) worth of shares in the company.

According to business publication Bloomberg, Mr Musk’s disposed Tesla stock amounted to approximately 22 million…

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