Tesla Inc Chief Executive Officer Elon Musk sold 4.4 million shares of the electric vehicle maker worth $3.99 billion, U.S. securities filings showed on Thursday, in sales likely to help finance his planned purchase of Twitter .
Tesla Inc lost ground on Thursday amid investor concerns that Musk may have to sell Tesla shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc.Reporting by Akriti Sharma in Bengaluru and Hyunjoo Jin in San Francisco; Editing by Jacqueline Wong.
Tesla Inc lost ground on Thursday amid investor concerns that Musk may have to sell Tesla shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc.Reporting by Akriti Sharma in Bengaluru and Hyunjoo Jin in San Francisco; Editing by Jacqueline WongUnited States Latest News, United States Headlines
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