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Tesla shares drop as Musk promises to sell stake
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fnlondon.comTesla shares fell in premarket trading after Twitter users directed chief executive Elon Musk to sell a 10th of his stock in an online poll.
The electric-vehicle maker’s stock lost 5.6% ahead of the bell Monday. “I was prepared to accept either outcome,” Musk said in a tweet Sunday after participants in the poll backed a sale by 58% to 42%. Neither Musk nor Tesla has said when a share sale would take place.
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