Automakers

Elon Musk sells $5 billion in Tesla shares after Twitter poll

Elon Musk
(Hannibal Hanschke/REUTERS)
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By:
Bloomberg
November 11, 2021 11:41 AM

Tesla Inc. Chief Executive Officer Elon Musk unloaded $5 billion of stock in the electric-car maker, shortly after holding a poll on Twitter over whether he should sell 10 percent of his massive stake in the company. The world's richest person so far has disposed of more than 4.5 million shares this week, according to regulatory filings. Those were his first sales in more than five years.

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