The latest sale brings total Tesla stocks sold by Mr Musk to about $36 billion since November last year.
It comes as Twitter has begun rolling out its latest approach to verification on the social media platform, offering grey ticks and an 'Official' label to high-profile accounts, part of Mr Musk's efforts to create new revenue streams for Twitter. In response to concerns that the verification move will make it harder to identify authentic accounts on the site as Blue subscribers will not be required to verify who they are, Twitter said it was adding a second,"Official" badge to select accounts as a way of distinguishing Blue subscribers from those the platform has verified as official.
Tweeting about the change, Twitter's director of product management, Esther Crawford, said:"Not all previously verified accounts will get the 'Official' label and the label is not available for purchase. However, critics have argued charging people to get a blue badge and the other perks that come with it - including verified replies appearing more prominently - will only help those who are able to pay for it and not the platform's authentic users as a whole.
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Musk sells Tesla shares worth $3.95 billionThe latest sale brings total Tesla stocks sold by Elon Musk to about $36 billion since November last year, leaving him with a roughly 14% stake in the world's most valuable automaker.
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