Elon Musk told Twitter staff at an all hands meeting he sold Tesla shares to 'save' the social network.
Musk let go of about half of Twitter employees following his acquisition of the company for $44 billion, or $54.20 per share.to finance his portion of that take-private deal, last week Musk sold at least another $3.95 billionthe batch of shares he just sold amounted to 19.5 million more shares of Tesla.
Earlier this year, he also sold over $8 billion worth of Tesla stock in April and roughly $7 billion worth in August., including dozens of Autopilot engineers, to help with code review and other work at Twitter along with friends, financial backers and deputies from other companies that he has co-founded.
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