Elon Musk Sells About $4 Billion In Tesla Shares Ahead Of Planned Twitter PurchaseElon Musk sold more than
4.4 million shares of electric car company Tesla for just under
$4 billion, according to Securities and Exchange Commission filings released Thursday evening, shortly after the billionaire Tesla CEO
agreed to buy Twitter.The sales took place on Tuesday and Wednesday, at prices ranging between about
$872 and $999 per share, the regulatory filings said.
Musk still owns more than
168 million shares of Tesla.
Shortly after the sales were disclosed, Musk tweeted:
“No further TSLA sales planned after today.”
