Elon Musk Sells $4 Billion Tesla Shares, Says No Extra Gross sales Deliberate

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Elon Musk Sells Billion Tesla Shares, Says No Extra Gross sales Deliberate

Tesla Inc Chief Government Officer Elon Musk offered 4.4 million shares of the electrical automobile maker value $3.99 billion, US securities filings confirmed on Thursday, in gross sales doubtless to assist finance his deliberate buy of Twitter.

No additional TSLA gross sales deliberate after right this moment

— Elon Musk (@elonmusk) April 29, 2022

Musk stated in a tweet that there are “no additional TSLA gross sales deliberate after right this moment.”

Tesla Inc misplaced floor on Thursday amid investor considerations that Musk might must promote Tesla shares to fund his $21 billion fairness contribution to his $44 billion buyout of Twitter Inc.

(Aside from the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)

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Posted

April 29, 2022

News

Diana Wells

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