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Another lawsuit against Elon Musk because of Tesla: he is accused of selling $7.5 billion in shares to the top

  • June 1, 2024
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Billionaire businessman Elon Musk for his role as CEO of Tesla again was indicted. According to this lawsuit, filed by a Tesla investor named Michael Perry, the billionaire

Another lawsuit against Elon Musk because of Tesla: he is accused of selling .5 billion in shares to the top

Billionaire businessman Elon Musk for his role as CEO of Tesla again was indicted. According to this lawsuit, filed by a Tesla investor named Michael Perry, the billionaire businessman knew that Tesla would lose value in 2022. more than 7 billion dollars had sold shares.

According to Michael Perry’s claim, Elon Musk will acquire Tesla in the last quarter of 2022. He knew he couldn’t reach the goal.. As a natural consequence of this, there would be a decline in inventories. Here is Elon Musk in November – December 2022 because he knew this in advance 7 billion 530 million 113 thousand 926 dollars He sold shares of value

According to the lawsuit, Elon Musk made a 55 percent profit with this move

Elon Musk

Michael Perry by selling Elon Musk’s Tesla shares early by 55 percent He says he made unfair profits. We researched Tesla stock to see if this claim is true. According to this; We saw the shares worth over $200 in October 2022 and falling to $113 in January 2023. Good The statement is probably true.

Elon Musk and his lawyers have denied any involvement in the case. They have made no statement. However, it is clear that Elon Musk is experiencing a series of disagreements with Tesla. Let’s see how this event will affect the billionaire businessman…

Source: Web Tekno

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