Elon Musk sells $6.9bn in Tesla shares after Twitter poll - NewsBreak

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By Alvarez in Business
Updated 2 years ago

Tesla CEO Elon Musk sold more than $6.9 billion worth of shares in the electric carmaker this week, according to regulatory filings released Friday. The 50-year-old South African billionaire sold more than 5.1 million Tesla shares, of which about 4.2 million were held in a trust. His massive disposal hit Tesla's share price, which slumped 15.4 percent over the week. Tesla last month became the latest US tech giant to hit $1 trillion in market value.

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