Musk sells $3.5B worth of Tesla stock as investors voice concern over Twitter involvement

Musk sells $3.5B worth of Tesla stock as investors voice concern over Twitter involvement

a year ago
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https://techcrunch.com/2022/12/14/musk-sells-3-5b-worth-of-tesla-stock-as-investors-voice-concern-over-twitter-involvement/

Tesla CEO Elon Musk sold over 20 million shares of the company stock between Monday and Wednesday. The sale is worth about $3.5 billion, according to a regulatory filing. Musk’s latest stock dump follows the nearly $4 billion worth of shares he sold last month.

Musk hasn’t provided a reason publicly for the share sell this time around, nor if he is done for the day. In April, he sold off $8.5 billion worth of Tesla stock, and in August Musk offloaded another $7 billion’s worth.