Tesla boss Elon Musk said the company will start to sell some merchandise for dogecoin, and will "see how it goes."
Elon Musk — Time's Person of the Year — has now sold almost $13 billion worth of shares in Tesla.
Tesla could become the 'everything energy company' in the same way Amazon is the 'everything store,' according to Jefferies' Philippe Houchois.
Sales by CEOs and insiders of their own stock surged to a record high total of $69 billion in 2021, according to Verity data.
The Tesla boss vowed on Twitter to sell 10% of his holding in the EV company, and so far it looks like he meant it.
Filings released Friday showed that Elon Musk has offloaded more Tesla stock, continuing his run of sales.
Tesla director Kimbal Musk made a healthy sum by offloading stock, the day before Elon posted a market-moving Twitter poll.
The token was trading at $1,157.00 Monday morning - 5.3% lower compared to actual Tesla stock, which closed at $1,222.09 on Friday.
The two-day meeting of the FOMC is expected to culminate in the central bank's announcement that it will begin tapering monthly bond purchases.
Three of Cathie Wood's ETFs cumulatively sold more than 340,000 Tesla shares Tuesday. Yet, all three funds still have Tesla as their top holding.
One of Wall Street's biggest Tesla bulls is doubling down on his optimism for the stock despite 2021's underwhelming performance.
Ark Invest CEO Cathie Wood has previously said she likes to trade around stocks' volatility and take profit.
Wedbush's Dan Ives said that despite near-term speed bumps, he remains firmly bullish on Tesla and the broader electric vehicle space.
Net orders of Tesla's in China fell to roughly 9,800 in May from over 18,000 in April, according to a report from The Information.
Fund filings show that three of Cathie Wood's Ark ETFs bought shares of the electric-vehicle maker. Tesla is the top holding in all three funds.
"Clearly Musk & Co. need to play nice in the sandbox with Beijing and smooth out PR issues," said a Wedbush analyst after China sales data.
Wedbush reiterated its outperform rating and $1,000 price target for Tesla on Monday, saying the chip shortage will lead to only temporary setbacks.
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