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Elon Musk and brother under investigation for alleged insider trading

Elon Musk and brother under investigation for alleged insider trading


Elon Musk and brother under investigation for alleged insider trading
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According to the report, the investigation began last year after Kimbal sold shares of the electric carmaker valued at $108m, a day before Musk polled Twitter users asking whether he should offload 10% of his stake in Tesla.

The stock has fallen about 33% since Musk began selling billions of dollars worth of shares on 8 November, few days after the poll where 58% of voters asked him to sell.

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