Tesla Inc. shares fell after Chief Executive Elon Musk signaled he was open to selling 10% of his holdings.
Shares in the electric-vehicle maker were down 2.9% midday Monday after Mr. Musk, the company’s largest stockholder, launched a weekend poll of his 63 million followers on Twitter, asking them if he should sell the stake, worth around $21 billion at Friday’s market close, to pay taxes. About 58% of the 3.5 million participants voted in favor of the sale and Mr. Musk tweeted that he had been “prepared to accept either outcome.”
