Elon Musk Sold Nearly $7 Billion Tesla Shares, Cashing In After the Stock Rebounded
Elon Musk sells nearly 8 million Tesla shares amid ongoing Twitter bot drama
Tesla CEO Elon Musk has unloaded another 7.9 million shares of his electric car company for $6.88 billion, indicating that he is still hustling to raise money for his $44 billion Twitter takeover despite the ongoing bot drama.
Elon Musk Sells Billions In Tesla Stock To Subsidize Potential Twitter Purchase
Elon Musk, CEO of Tesla, recently sold $6.9 billion worth of Tesla stocks in order to fund a potential purchase of Twitter, after an April promise to not sell.
Twitter climbs as investors eye increased likelihood Elon Musk closes his deal to buy the social media company after selling $7 billion in Tesla stock
"Twitter's board is holding Musk's feet to the fire to finish the deal at the agreed upon price," Wedbush analyst Dan Ives said.
Elon Musk sells nearly $7 billion worth of Tesla shares
Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal. The Tesla boss sold some 7.9 million shares between August 5 and 9, according to filings published on the Securities and Exchange…
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