Elon Musk Sold Nearly $7 Billion Tesla Shares, Cashing In After the Stock Rebounded
26 Articles
26 Articles
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…
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.
Musk sells billions in Tesla stock amid Twitter uncertainty
Elon Musk (Video screenshot)By John Hugh DeMastri Daily Caller News FoundationElon Musk, chief executive officer of Tesla, recently sold $6.9 billion in Tesla stock to fund a potential purchase of Twitter, the Wall Street Journal reported.Musk initially sold shares in Tesla valued at $8.5 billion in April in order to acquire the resources to purchase Twitter, and in the past year has sold $32 billion of shares, according to the Wall Street Journ…
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