Musk offloads $4 bn in Tesla shares after Twitter deal

Photo caption: Tesla chief Elon Musk has pledged up to $21 billion from his personal fortune to fund his $44 billion takeover of Twitter, with the rest financed by debt. Tech Xplore – April 29, 2022.

Tesla chief Elon Musk sold about $4 billion worth of shares in the electric carmaker in the days after Twitter’s board agreed to his $44 billion takeover of the social media platform. Musk sold 4.4 million Tesla shares on Tuesday and Wednesday—according to filings Thursday with the Securities and Exchange Commission, the US market regulator. […]

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