Tesla enters bear territory --------------------------------- Tesla stock leapt by more than 70% between January and November, peaking at $1,243.49. Since then, shares have crashed to below $900 – into a bear market – falling more than 20% from their peak --------------------------------- Tesla share price Nov 4: $1,243.49 Dec 13: Musk sells $906 million of shares, taking total sales to $13 billion Oct 25: $4.2 billion deal with Hertz Global Holdings for 100,000 Tesla electric vehicles announced Dec 20: $899.94 Down 27.6% Oct 1: $775.22 Oct 25-Nov 4: Tesla’s market value surges to $1,235 billion Nov 6: Tesla CEO Elon Musk tweets that he proposes selling 10 percent of his Tesla stock US$ 1200 900 600 October November December Trading days 2012, stock options: Musk has opportunity to buy 22.8 million Tesla shares by August 2022, at strike price of $6.24 per share Total cost: $142.27 million Shares currently valued at $899.94 each $20,518.63 million Gain on shares $20,376.36 million Dec 20, 2021: Musk tweets he will pay more than $11 billion in taxes this year ------------------------------------------------ Sources: Bloomberg, Wall Street Journal, Yahoo! Finance Picture: Getty Images © GRAPHIC NEWS