3 ms·

Yet the stock is still going up.

• paulpauper 5y ago
  because $3 billion is tiny compared to Tesla's size
  • TX0098812 5y ago
    Would you like to elaborate?
    • 988747 5y ago
      Total market valuation of Tesla is over $600B, so $3.6B is 0.6% of it.
• darig 5y ago
  <1% of market cap, around 5% of average daily volume. Yet you believe this action should preclude the price from going up?
• jamestenglish 5y ago
  Buried beneath the sensational headline is the fact that Panasonic has been slowly divesting over the past year. They did not just "dump" the stock today, they simply reported that they had finished selling all their shares today.