Tesla Loses $199 Billion in Worst Two-Day Rout in 14-Months

Tesla Loses $199 Billion in Worst Two-Day Rout in 14-Months

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current market situation of Tesla, highlighting the uncertainty surrounding Elon Musk's plans for his Tesla stake after a Twitter poll suggested he sell 10% to pay taxes. The lack of communication from Musk has left investors uneasy. Additionally, insider selling by Musk's brother, Kimball, has further fueled investor concerns. Despite these uncertainties, Tesla's stock has seen significant growth, prompting discussions on profit-taking amidst market volatility.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the reason mentioned for the uncertainty surrounding Elon Musk's plans for his Tesla stake?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the sale of Tesla shares by Kimball Musk affect investor sentiment?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential implications of insiders selling their shares according to the text?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant increase in Tesla shares was noted since early last year?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the phrase 'book some profits' imply in the context of stock trading?

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