Tim Conway Jr

Tim Conway Jr

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Elon Musk Sells $6.9 Billion Worth Of Tesla Stock

Elon Musk sold off billions in Tesla stock this week, in preparation for his upcoming Twitter trial.

  • SEC filings reveal that Musk sold nearly 8 million shares worth $6.9 billion over the last three days. He's sold off more than $32 billion in Tesla stock since last November.
  • Musk says the sale was to load up on cash in case he's forced to go through with his proposed $44 billion acquisition of Twitter.
  • What happens if Musk has to buy Twitter? What impact will this move have on Tesla?

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