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The electric vehicles were heralded as stylish, savvy ways to reduce carbon emissions and help save the environment.
However, times have changed.
With the brands popularity sagging, the stock has continued to decline.
Are they buying more?
Or are they selling?
While some of these sales were part of prearrangedtradingplans, the optics and timing dont seem particularly great.
Even Musks brother, Kimbal Musk, another board member, dumped 75,000 shares worth approximately $27 million.
Protests have taken place at Tesla dealerships, and high-profile critics have made their opinions known.
Videos of people vandalizingcybertruckshave gone viral online.
Newsweekreportsthat Tesla sales have stalled across global markets.
For risk-averse investors, this may be a sign to cash out your shares and walk off the lot.
When weighing this question forKiplingers, writer David Dittman explored multiple perspectives.
For Dittman, the decision ultimately comes down to your risk tolerance, investment objectives, and time horizon.
Only you’re able to decide what that means for your portfolio.
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