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Tesla, Inc (NASDAQ:TSLA) was trading up over 7% on Wednesday as the possible start to the “Santa Claus rally” got underway, with the SPDR S&P 500 rising over 3% between Friday’s low-of-day and Wednesday afternoon. Tesla has been pressured down recently not only by general market shakiness but by its CEO Elon Musk dumping a total of 13.5 million shares, which comes roughly 20% short of the 10% of total shares he planned to sell.
...read full article on Benzinga
