Market Overview

Elon Musk: No One At Tesla Is Selling Any Shares

Elon Musk: No One At Tesla Is Selling Any Shares
Related TSLA
Chowdhry: Tesla Can 'Easily' Deliver 25,000 Vehicles In Q4, Demand Continues To Outstrip Production
Want Any Mayo? Week Ahead Sandwiched Between Jobs And Fed
Tesla's Short Interest Surges After SolarCity Deal (Seeking Alpha)

Tesla Motors Inc (NASDAQ: TSLA) CEO Elon Musk was quick to try and refute any share price movement coming from his end.

"Some people seem to think I tweet to affect share price. This is false. A brief rise in $TSLA stock obviously does no good for Tesla or me," Musk tweeted at 2:13 p.m. ET. "Neither I nor the company are selling shares. Even if we were, I wouldn't do this. It would be wrong. Our long term results are what matter."

Musk tweeted on Sunday that a press conference is scheduled for this Thursday to announce an end to end range anxiety.

See Also: Report: Tesla In Soft Launch Of Pre-Owned Vehicles

Shares of Tesla were up more than 3 percent on Monday and continued upwards as Musk tweets were out, hitting the day's high. Shares traded recently at $195.66, up 3.7 percent.

The stock is down more than 12 percent in 2015.

Posted-In: Elon Musk twitterNews Top Stories Intraday Update Best of Benzinga


Related Articles (TSLA)

View Comments and Join the Discussion!