Elon Musk sells $3.95 billion worth of Tesla stock

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The Associated Press

Twitter’s new owner and Tesla CEO Elon Musk has sold nearly $4 billion worth of Tesla shares, according to regulatory filings.

Musk, who bought Twitter for $44 billion, sold 19.5 million shares of the electric car company from Nov. 4 to Nov. 8, according to Tuesday’s filings.

He sold $7 billion of his Tesla stock in August as he worked to finance the Twitter purchase he was trying to get out of at the time.

Read the full story on AP News right here.

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11/9/2022 9:39:06 AM (GMT -6:00)

Categories: Regional and US News