Elon Musk sells nearly 8 million Tesla shares worth $6.9 billion

Tesla CEO Elon Musk sold 8 million shares of Tesla worth around $6.9 billion, according to a series of financial filings published Tuesday night.

Tesla CEO Elon Musk sold 7.92 million shares of Tesla worth around $6.88 billion, according to a series of financial filings published Tuesday night.

His transactions occurred between Aug. 5 and 9, the Securities and Exchange Commission filings revealed, following Tesla’s 2022 annual shareholder meeting on Aug. 4 in Austin, Texas.

Earlier this year, the Tesla and SpaceX CEO said on social media that he had “no further TSLA sales planned” after April 28.

That week, SEC filings revealed Musk had been selling a block of shares in his electric car maker worth about $8.4 billion.

Twitter wins motion for expedited trial in lawsuit against Elon MuskJuly 19, 202201:52The billionaire is in the midst of a contentious legal battle with Twitter, the social networking giant he agreed to acquire in April for about $44 billion or $54.20 per share.

https://www.nbcnews.com/business/business-news/elon-musk-sells-792-million-tesla-shares-688-billion-rcna42360


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