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Kimball Musk

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kimball musk sells 27 million in tesla stock amid financial struggles

Kimball Musk has sold $27 million worth of Tesla stock amid the company's financial struggles, with shares down 50% since December. Despite this sale, he retains a significant stake of approximately 1.5 million shares valued over $500 million. Analysts suggest the stock's decline is linked to reduced demand and backlash from Musk's political ties, while competitors are gaining market share in Europe and Asia.
Newsweek
United States Dollar Apple Inc. Tesla, Inc. USA Elon Musk Kimball Musk Alex Beene Donald Trump Kevin Thompson Show more
Finance & Economy, News Article
20:41 18.03.2025
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