 "Tesla")
Tesla shares rose in trading on the Frankfurt bourse on Thursday, even after overnight filings showed chief executive and top holder Elon Musk has sold about $5 billion of the stock over recent days.
Telsa's Frankfurt-listed shares rose 4.1% to 953 euros ($1,102.05) in early trade to recoup some of the heavy losses suffered earlier in the week, during the period when Musk had sold.
Musk's selling was his first since 2016 and followed his weekend poll of Twitter users about offloading 10% of his Tesla stake, which comprises most of his estimated $281 billion fortune.
Investors downplayed the significance
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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