{"id":54880,"date":"2021-11-16T02:02:47","date_gmt":"2021-11-15T22:02:47","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54880"},"modified":"2021-11-16T02:28:42","modified_gmt":"2021-11-15T22:28:42","slug":"tesla-shares-made-significant-midday-comeback","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/tesla-shares-made-significant-midday-comeback\/11\/16\/market-updates\/","title":{"rendered":"Tesla Made Significant Midday Comeback"},"content":{"rendered":"\n<p>On Monday, Tesla shares staged a remarkable U. S. session\u2019s midday comeback after selling off in heavy volume. <br><br>Tesla shares traded down 1% after paring deeper losses of nearly 5%. CEO Elon Musk sold $6.9 billion worth of Tesla shares last week. This is estimated to be one of the largest stock sales by a chief executive over a span of days, according to several media and news reports.<br><br>Rumours claim that Elon Musk sold shares to pay back personal debts, whereas others claim that Musk is not selling Tesla stock because he is short of cash; he just wants to benefit from Tesla\u2019s valuation.<br><br>Some market observers suggest that Musk doesn&#8217;t need cash, rather he wants to profit from Tesla&#8217;s stock prices that rose nearly twelvefold since the start of beginning of the current year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Monday, Tesla shares staged a remarkable U. S. session\u2019s midday comeback after selling off in heavy volume. Tesla shares traded down 1% after paring deeper losses of nearly 5%. CEO Elon Musk sold $6.9 billion worth of Tesla shares last week. This is estimated to be one of the largest stock sales by a &hellip;<\/p>\n","protected":false},"author":13,"featured_media":53429,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7355,7296,8036],"class_list":["post-54880","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-elon-musk","tag-tesla","tag-tesla-shares"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=54880"}],"version-history":[{"count":4,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54880\/revisions"}],"predecessor-version":[{"id":54887,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54880\/revisions\/54887"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/53429"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}