Tesla chief Elon Musk sold about $4 billion worth of shares in the electric carmaker in the days after Twitter's board agreed to his $44 billion takeover of the social media platform. Musk sold 4.4 million Tesla shares on Tuesday and Wednesday -- according to filings Thursday with the Securities and Exchange Commission, the US…
Tesla chief Elon Musk sold about $4 billion worth of shares in the electric carmaker in the days after Twitter’s board agreed to his $44 billion takeover of the social media platform. Following these sales, Musk, the world’s richest person, holds just over 168 million shares in Tesla, via a trust.To finance his takeover of Twitter, confirmed Monday, Musk has pledged up to $21 billion from his personal fortune, with the rest financed by debt.
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