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Musk Sells $4b In Tesla Shares Following Twitter Deal
Tesla chief, Elon Musk yesterday sold out about $4 billion worth of shares in the electric carmaker less than 72 hours after Twitter’s board agreed to his $44 billion takeover of the social media platform.
Africa Daily News, New York gathered that Musk sold 4.4 million Tesla shares on Tuesday as well as on Wednesday — according to information filled with the Securities and Exchange Commission which is the market regulator in the US.
Following these sales, Musk who is the world’s richest human being, holds just over 168 million shares in Tesla, via a trust.
‘No further TSLA (Tesla’s …