Elon Musk said he will pause selling his Tesla shares at least for another year, amid concerns from his takeover of Twitter.

Musk Pledges to Pause Selling Tesla Shares

Elon musk planning to pause selling his Tesla shares for at least another year. The Ceo said on a twitter spaces call that he will not sell shares for 18 to 24 months. The revelation comes amid widespread concerns that Tesla is suffering as a results of his twitter takeover. Musk added that a severe economic downturn could affect a decision on a stock buyback. Musk has liquidated more than $39 billion in the company's shares. Since the stock peaked in november of 2021 investors have been slamming the brakes on Tesla stock currently at a 52 week low, Let's take a look at where the stock is right now. It's down about 1.8% on the day and this all has some longtime Tesla bulls changing course, including friend of the show dan Ives of Wedbush Securities, dan will be joining closing bell today after the christmas holiday Tuesday after the christmas holiday at 3:10 p.m. Eastern