Millennial Investors Are Ditching Tesla

  • 6 years ago
Elon Musk sent shockwaves through the stock market this week when he announced plans to go private.

Business Insider reports the stock surged more than 10% following his cryptic tweet. And investors on Robinhood may have cashed out following the rise.

Data from the free stock trading app show roughly 7,400 investors ditched the stock in the past week. That's the biggest rout of any equity on the brokerage.

Recommended