$TSLA.US$ shares jumped as much as 8% on Wednesday after CEO Elon Musk said he was done selling his shares.
"I sold enough stock to get to around 10%, plus the option exercise stuff," he said in an interview.
With Musk's share sales now in the rear-view mirror, investors could once again shift their focus to the underlying fundamentals of the growing electric vehicle manufacturer. The company made progress on Wednesday towards receiving approval to begin vehicle production at its Gigafactory in Berlin, according to a Reuters report.
How's your Tesla position? Still holding or dumpped already?
Source:
Tesla jumps as Elon Musk says he's done selling stock and the EV maker moves closer to Berlin factory approval

The stock market seemed to be moving back into rally mode following Friday's pullback amid the emergence of the Omicron variant of Covid-19. 
When investors are considering whether they should sell all of their position to avoid a huge correction, suddenly, the major indices just went all the way up and close to their all-time high. 
After the stock market opened Monday, the $.DJI.US$ rallied 0.35%, while the $.SPX.US$ moved up 1%. The tech-heavy $.IXIC.US$ climbed 1.6%.
$AAPL.US$ traded up over 2% in Monday's morning action, while $MSFT.US$ moved up 1.9% , $TSLA.US$ rallied over 5%. $RIVN.US$ rose about 3.5%, while $LCID.US$ gained 1.8%. Chinese EV leader $LI.US$ bolted higher after delivering earnings, while $XPEV.US$ raced over 4% higher.
So the dip was like a prank. It hurt investors' feeling and soon vanished in the air without any clue.
 
Source:
Dow Jones Rallies After Stock Market Rout; Vaccine Maker Moderna, Tesla Rival Surge