Elon Musk Sells $4 Billion Tesla Shares After Agreeing to Purchase Twitter, Says ‘No More Sales Planned’
Posted: Fri Apr 29, 2022 10:25 am
Elon Musk sold nearly $4 billion worth of Tesla shares this week, just days after the billionaire agreed to purchase Twitter for $44 billion, according to filings with the Securities and Exchange Commission. According to the filings, the CEO offloaded about 4.4 million shares of the electric vehicle company for about $3.9 billion, with the majority of the share sales taking place on Tuesday and Wednesday. Sales prices ranged between about $872 and $999 per share. The filings don’t reveal the reason behind why Musk sold his shares. In a post on Twitter shortly after the filings were published on Thursday, Musk said: “No further TSLA sales planned after today.” ...
Source: https://www.theepochtimes.com/elon-musk ... 35399.html
Source: https://www.theepochtimes.com/elon-musk ... 35399.html