Thursday 15 April 2021
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sputniknews.com - 1 month ago

Elon Musk Loses $27 Bln Over Week Amid Huge Tech Sector Shares Selloff, Index Shows

Tesla stock surged over 700% in 2020, causing billions in additional compensation for Musk under the terms of his stock-based compensation plan. For most of the pandemic, as well as in the years leading up to it, tech stocks outperformed the rest of the economy, and now it seems the stock market bubble has begun to deflate.


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