Elon Musk says he will not sell more Tesla stock for about two years | Tesla

The Tesla chief executive, Elon Musk, has said he will not sell any more of the electric car company’s stock for about two years.

While speaking in a Twitter Spaces audio chat on Thursday, Musk said he foresaw the economy would be in a “serious recession” in 2023 and demand for big-ticket items would be lower.

His comments came after a Tesla stock sell-off deepened on Thursday over worries about softening demand for electric cars and Musk’s distraction with Twitter and his…

Continue reading this news update.

Comments are closed