Elon Musk has sold Tesla stock worth almost $4bn (£3.46bn) after completing his takeover of Twitter.
Elon Musk has sold Tesla stock worth almost $4bn after completing his takeover of Twitter.
The founder and chief executive of the electric vehicle maker unloaded 19.5 million shares between Friday and Tuesday, according to filings published by the US Securities and Exchange Commission.at around 14%, according to the Reuters news agency. The value of Tesla's stock has plummeted by almost half this year alongside many other so-called growth stocks - seen as susceptible to the tougher global economy but particularly high levels of inflation.acquisition and wider shareholder sentiment that Tesla would lose focus now that the Tesla/Twitter/SpaceX billionaire had further demands on his time.Please use Chrome browser for a more accessible video playerHe had pledged to provide $46.
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