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Stock news
Kevinstaaark
Posts: 3 Newbie
Musk sold Tesla shares worth $3,95 billion
Mr. Elon Musk, CEO of Tesla Inc (NASDAQ: TSLA), sold $3,95 billion in shares of the producer of electric locomotives a few days after the purchase of Twitter Inc for $44 billion
Since last week, Tesla shares have been sold heavily, with securities having fallen by 7,9%.
At the end of the year, only $20 billion in cash Had been Invested in Musk after selling a part of its stake in Tesla. Tesla lost almost half of its market value, and Musk’s stackers fell by $70 billion since he announced his intention to buy Twitter.
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