Ignore. It would need to half again before I would considered it. That company's future is in its energy storage operations, not its cars.Elon Musk sells new $3.6bn tranche of Tesla shares
Latest selloff takes total sale this year to $23bn and follows loss of world’s richest man titlewww.theguardian.com
Does the fall in value represent a good buying opportunitty ?
I normally steer clear of companies where the management is selling stock.But the reasons for thee musk sell off are not related to tesla.
Having said that the musk factor is a shadow over the companies prospects.I would expect the CEO to actually run the company rather than piss about on twitter all day.
So, buy or ignore ?