Musk’s 10% Stake Sale Removes Overhang, Fueling Tesla Rally

Tesla Inc. rose after Chief Executive Officer Elon Musk said he’s sold enough stock to make his total sales about 10%, removing a key overhang on its shares.Most Read from BloombergOmicron at Least Doubles Risk of Getting Infected on a PlaneOmicron Has 80% Lower Risk of Hospitalization in South AfricaFDA Expected to Authorize Pfizer and Merck Covid Pills This WeekIsrael to Offer Fourth Shots;