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👍 | Musk sells Tesla shares worth $6.9 billion ahea…


Photo Elon Musk, Tesla CEO, stands at a press event at the Tesla Gigafactory site. Elon Musk sold roughly $6.9 billion worth of Tesla stock over the past week, according to new Securities and Exchange Commission filings. Patrick Pleul/dpa-Zentralbild/POOL /dpa

Musk sells Tesla shares worth $6.9 billion ahea…

Elon Musk has sold $6.9 billion worth of shares of in Tesla as he arms himself for possible defeat in his legal battle with Twitter. “In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don't come through, it is important to avoid an emergency sale of Tesla stock,” Musk wrote in a tweet late on Tuesday. This is his largest-ever sale of shares in the US electric car company that he co-founded. Musk has made headlines for months over his dispute with Twitter. After both courting the social media platform and trashing it via tweets, he called off a … → Continue reading

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