Tesla Stock Plunge and Insider Stock Sales

Shares of Tesla have plunged nearly 50% since mid-December, with board members and executives selling off millions of dollars in stock. Recent sales by top officers total over $100 million, including Elon Musk's brother and board chairman Robyn Denholm. Analysts suggest the sales may be personal financial choices.

Tesla Stock Plunge and Insider Selling

Shares of Tesla have plunged nearly 50% since mid-December, leading to board members and executives selling off millions of dollars in stock. Top officers have offloaded over $100 million in shares since early February, with the latest sale by James Murdoch coinciding with the stock's largest single-day decline in five years.

Tesla's Stock Plunge

Tesla's shares plunged 15% on Wall Street, marking their worst day since September 2020. The stock has fallen for seven consecutive weeks, losing over 50% of its value since December. Uncertainty around President Trump's tariffs and brand erosion due to Elon Musk's political involvement are contributing to the decline.

Resignation of Bangladesh's Longest-Serving Prime Minister and Global Stock Market Plunge

Bangladesh's longest-serving Prime Minister resigns and flees the country, causing global stock markets to plummet amid fears of a U.S. economic slowdown.

Trump Media Stock Plunge and Financial Details

Shares of Trump Media plunged more than 15% after the company filed to issue millions of additional shares of stock. Trump Media's share price has fallen over 62% since going public. Company predicts to receive $247.1 million from exercising warrants. Trump owns nearly 60% of the company's shares, currently worth over $2.2 billion. Trump encouraged followers to switch to Truth Social, which has not publicly disclosed user numbers, but reported a net loss of $58.2 million on revenue of $4.1 million in 2023.

Tesla Inc.'s Stock Plunge

Tesla Inc. faces a critical level as its stock price plunges due to disastrous sales report. Technical analysts are watching the key $150 level to gauge support. Short interest in shares is at a year-high level. Concerns about EV demand and growth projections are impacting the stock.