Tesla Dips After Musk Sheds $5 Billion in Shares

Tesla Dips After Musk Sheds $5 Billion in Shares
A Tesla logo is seen at the Tesla Shanghai Gigafactory in Shanghai, China, on Jan. 7, 2019. Aly Song/Reuters
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Tesla’s stock declined slightly on Thursday after filings revealed Chief Executive Elon Musk sold about $5 billion worth of his shares this week following his much-hyped Twitter poll.

The electric-car maker’s stock ended the session down 0.4 percent at $1,063.51 after tumbling earlier in the week.