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Elon Musk Sold Nearly $7 Billion Tesla Shares, Cashing In After the Stock Rebounded

Summary by Ground News
Elon Musk sold nearly 8 million shares of Tesla stock in recent days and raised $6.9 billion in cash. The timing of his transactions suggests he also cashed out right after Tesla stock surged to a three-month high. Musk is in a legal battle with Twitter over a $44 billion takeover.

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Forbes broke the news in United States on Wednesday, August 10, 2022.
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