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Elon Musk Sells $6.88 Billion in Tesla Shares

Elon Musk , Sells $6.88 Billion , in Tesla Shares. NBC reports that Elon Musk has sold 7.92 million shares of Tesla for an estimated $6.88 billion. The transactions were revealed through a series of financial filings published August 9. According to SEC filings, Musk sold the shares shortly after Tesla's 2022 annual shareholders meeting on August 4 in Austin, Texas. The decision to sell those stocks comes amid a contentious legal battle over his $44 billion bid to purchase Twitter. In July, Musk terminated the deal, accusing Twitter of failing to provide information...

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