Tesla shares fall after Elon Musk’s Twitter poll backs sell-off plan

Majority of billionaire's 62.5 million followers vote that he should sell 10% of his stock in electric car firm

Tesla's Frankfurt-listed shares fell about 9% in early trading on Monday as investors prepared for the chief executive Elon Musk's proposed sale of about a tenth of his holdings in the electric carmaker after his Twitter poll.

Musk, the world's richest person, tweeted on Saturday that he would offload 10% of his stock if users of the social media network approved the proposal.