US Stock Market Move | Europe's largest pension fund ABP has cleared its holdings in Tesla, Inc. (TSLA.US), causing a 3% drop in the stock price before the market opens.
On Monday, Tesla (TSLA.US) fell 3% in pre-market trading to $382.81 on the US stock market.
On Monday, Tesla, Inc. (TSLA.US) stock fell 3% in premarket trading to $382.81. In terms of news, Europe's largest pension fund ABP revealed that it had sold its entire 571 million euro stake in Tesla, Inc. in the third quarter of last year, partly due to disagreements over Elon Musk's compensation package. In June of last year, ABP had voted against Musk's controversial compensation package valued at over $50 billion, citing it as "controversial and excessive."
Related Articles
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
Bidding for Warner Bros. (WBD.US) enters a critical period, while Paramount Skydance (PSKY.US) speeds up the antitrust review process.
US Stock Market Move | Multiple departments issued letters to support the new consumption and financial consumption driving LexinFintech Holdings Ltd. Sponsored ADR Class A (LX.US) to rise by 6.04%.
Industry's First Rider Family Hospitalization Protection Implemented Meituan Upgrades Major Illness Care Plan Covering Over One Million Rider Families
