In this file photo Tesla CEO Elon Musk gestures as he arrives to visit the construction site of the future US electric car giant Tesla, on September 03, 2020 in Grünheide near Berlin. – With his social media prognostications about Bitcoin or GameStop, Elon Musk has been venturing further away from his own businesses and becoming more like a Wall Street heavyweight who can move markets with just a few words.
Musk sold 4.4 million Tesla shares on Tuesday and Wednesday — according to filings Thursday with the Securities and Exchange Commission, the US market regulator. Many investors and analysts have expressed doubts over whether the deal will be completed, including questions about the financing and concerns that Twitter would distract Musk from running Tesla.