ZnWC
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joined discussion · Feb 15 07:10
Tesla Stock Pops On 13G Filing Showing Elon Musk Owns 20.5%
$Tesla (TSLA.US)$$NIO Inc (NIO.US)$$XPeng (XPEV.US)$$BYD COMPANY (01211.HK)$Leading electric vehicle company Tesla saw shares pop slightly after-hours Wednesday after a 13G was filing related to CEO Elon Musk's ownership.On Wednesday, Tesla filed a 13G that shows 20.5% ownership by Musk, which comes after previous filings showed the CEO with a 13% stake in the company.
Comment: You can read the article about what causes the confusion. The incident showed that Tesla is fundamentally sound and share price can be bullish if positive sentiment pops.