Musk to Stop Selling Tesla Shares for '18   24 Months'

Musk to Stop Selling Tesla Shares for '18 24 Months'

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The CEO has sold nearly $40 billion in stock this year, primarily to fund his Twitter acquisition. Despite previous assurances of halting sales, he continued to sell shares, raising concerns among investors. However, recent statements about not selling more stock for 18-24 months have been positively received. The CEO also warned of a severe recession in 2023, likening it to 2009, which adds a mix of optimism and caution to the market sentiment.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How many times has Elon Musk previously stated he was done selling stock before actually selling more?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What economic outlook did Elon Musk provide during the conference?

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