With the revelation that Elon Musk is the largest shareholder of Twitter, the eyes were turned to Tesla shares. While it is considered certain that Musk has sold or will sell Tesla shares, recent reports have confirmed this.
How many Tesla shares did Elon Musk sell?
The latest report submitted to the Securities Commission revealed that Elon Musk sold 9.6 million Tesla shares to buy Twitter. That’s $8.5 billion.
Elon Musk statement from Jack Dorsey
Elon Musk past In November and December, he sold another $16.4 billion in Tesla stock. Thus, he sold 25 billion dollars of shares in total. Elon Musk still owns more than 15 percent of the company.
Tesla also started to decline with the news that Elon Musk bought 9.2 percent shares from Twitter. Since the beginning of last month, Tesla’s losses have approached $ 300 billion. Experts state that the financial structure of the company may be at risk.
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