Tesla shares skid again as investors brace for possible Musk stock sale

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Tesla shares skid again as investors brace for possible Musk stock sale

As large federal tax bill looms.

Tesla shares posted their worst daily fall in 14 months on Tuesday as investors dumped the high-flying stock ahead of a possible stake sale by company chief Elon Musk. Nearly US$200 billion (A$271 billion) in market capitalisation was wiped off from Tesla as Musk's potential sales of his ...

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