Musk sells Tesla shares worth about $4B - SEC filing | Inquirer Business

Musk sells Tesla shares worth about $4B – SEC filing

/ 09:56 AM November 09, 2022

Tesla Inc chief executive ffoicer Elon Musk has sold 19.5 million shares of the electric vehicle maker worth $3.95 billion, U.S. securities filings showed on Tuesday.

The latest sale brings the total value of Tesla stocks sold by Musk to nearly $20 billion since he disclosed his stake in Twitter in April.

Musk sold a combined $15.4 billion worth of Tesla shares in April and August, but had said there were no further sales planned.

Musk, the world’s richest person, took over Twitter in a $44- billion deal last month and has engaged in drastic measures including sacking half the staff and a plan to charge for blue check verification marks.

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TAGS: Elon Musk, share sale, Tesla

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