Elon Musk Sells Tesla Shares

Elon Musk Sells Tesla Shares
Elon Musk Sells Tesla Shares

When Elon Musk took over Twitter on 4th April for a sum of 44 billion dollars, he got a 9.2 percent stake in the company. He had then said that he would clean up the spam accounts. His lawyers then accused Twitter for not giving them detailed information on this subject. And last month, in October, when Elon Musk took over Twitter, he laid off nearly 50% of the employees and had a plan to change for the blue tick verification mark.

When he sold his shares for Tesla in April and August, Mush had said that there were no plans to sell anymore shares. That time, the sale of shares accounted for 15.4 billion dollars. But now, the US Securities filings show that Elon Musk has sold 19.5 million Tesla shares of about 4 billion dollars. The exact worth of the shares is 3.95 billion dollars. With this, the total value of Tesla stocks sold by Twitter’s now-owner Elon Musk, the billionaire entrepreneur is about 20 billion dollars.