Tesla’s Third-Largest Shareholder Leo KoGuan Asks Elon Musk To Step Down As CEO As Stock Tumbles
Elon Musk sold off billions of dollars worth of shares in Tesla, sending the stock spiraling into its worst week since 2020. One of the electric car manufacturer’s most prominent investors is calling for Musk to resign as CEO. Musk disclosed his sale of $3.5 billion worth of stock last week. He has sold a total of $39.3 billion in the last 13 months. IN MEMORIAM 2022: 100 GREAT CELEBRITIES WHO DIED THIS YEAR! The news sent Tesla stocks into a tailspin – its 16.1% decrease was the stock’s worst performance since 2020. The company’s market cap is below $500 billion for the first time since Novem...