Elon Musk has Tesla investors fuming over his decision to unload $4 billion worth of stock onto an unsuspecting market, with key supporters warning the entrepreneur’s own credibility is now on the line.
Wedbush Securities tech analyst and longtime Tesla bull Dan Ives complained on Wednesday that Musk threw investors a curveball and called the CEO “the boy who cried wolf” for claiming on numerous occasions, most recently in August, he was done selling stock.
