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Benzinga
Benzinga
Business
Shanthi Rexaline

Should Tesla Initiate A Buyback Amid Stock Slump? Here's What One Of Its Biggest Shareholders Thinks

Tesla Inc (NASDAQ:TSLA) shares have been on a downward trajectory ever since CEO Elon Musk disclosed a passive stake in social media platform Twitter Inc (NYSE:TWTR).

What Happened: From the $1,084.59 at which Tesla stock closed on April 1, the session ahead of the disclosure, the stock has lost about 35%.

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