Tesla Stock Pops On 13G Filing Showing Elon Musk Owns 20.5%
$Tesla(TSLA.US$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$ $BYD COMPANY(01211.HK$ Leading electric vehicle company Tesla saw shares pop slightly after-hours Wednesday after a 13G was filing related to CEO Elon Musk's ownership. On Wednesday, Tesla filed a 13G that shows 20.5% ownership by Musk, which comes after previous filings showed the CEO with a 13% stake in the company.
Comment: You can read the article about what causes the confusion. The incident showed that Tesla is fundamentally sound and share price can be bullish if positive sentiment pops.
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$BYD COMPANY(01211.HK$ $BYD Co.(BYDDF.US$ $S&P 500 Index(.SPX.US$ $Nasdaq Composite Index(.IXIC.US$ $Tesla(TSLA.US$ $VOLKSWAGEN A G(VWAGY.US$ $NIO Inc(NIO.US$ $Li Auto(LI.US$ $XPeng(XPEV.US$ $General Motors(GM.US$ $Ford Motor(F.US$ $Rivian Automotive(RIVN.US$ $MERCEDES-BENZ GROUP AG(MBGAF.US$ $TOYOTA MOTOR CORP(TOYOF.US$ $GEELY AUTO(00175.HK$ $Stellantis NV(STLA.US$
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I reflected trading experiences by writing journals. My comments are for educational purposes not financial advice.
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