Elon Musk sold $8.5B in Tesla stock after agreeing to $44B Twitter deal

Elon Musk sold $8.5B in Tesla stock after agreeing to $44B Twitter deal

2 years ago
Anonymous $Lfa9vBbL8e

https://arstechnica.com/information-technology/2022/04/elon-musk-sold-8-5b-in-tesla-stock-after-agreeing-44b-twitter-deal/

Elon Musk has raised $8.5 billion from selling part of his stake in Tesla, boosting his cash position ahead of his planned purchase of Twitter.

The sales were made between Tuesday and Thursday, after Twitter’s board agreed to Musk’s $44 billion all-cash takeover approach.