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Tesla Soars After Elon Cashes Out $14.1B in Stock


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Elon Musk may or may not have just unloaded 10% of his stock in Tesla on a Twitter dare, but either way he has made his company a more attractive investment.

The world's richest man revealed this week that he finished jettisoning over $14 billion worth of his electric car company's stock, removing a treacherous overhang on shares. Even as regulators announced a new safety investigation into the company Wednesday, share prices went up and up.

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Source Fool.com


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