Will Tesla Shares Rally If Musk Steps Down From Twitter?

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Key Points The stock is down 57.35% so far this year, with many analysts attributing at least part of the decline to Musk being distracted with his purchase of Twitter.Regulatory filings show that on December 14, after the closing bell, Elon Musk sold almost 22 million Tesla shares between December 12 and 14, for a value of $3.58 billion.Senator Elizabeth Warren sent a letter to Tesla’s board chair asking if Musk was creating conflicts of interest and misappropriating corporate assets.Tesla’s third-largest individual investor said he believes Musk should resign from his role at Tesla.One promi…

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