Elon Musk sells Tesla shares worth $4 billion

 

Elon Musk sold 4.4 million shares of Tesla worth $3.99 billion



Tesla Chief Executive Officer (CEO) Elon Musk sold 4.4 million shares of the TESLA electric vehicle maker worth $3.99 billion, US securities filings showed it on Thursday, this sales was  likely to help finance his planned purchase of Twitter. Elon Musk said in a tweet that there are "no further TSLA sales planned after today."
Click here

Tesla lost ground on Thursday amid investor concerns that Musk may have to sell Tesla shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter.

Post a Comment

0 Comments