Elon Musk Sells $3.6bn of Tesla Shares  

Dec 16, 2022 · 56s
Elon Musk Sells $3.6bn of Tesla Shares  
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Multi-billionaire Elon Musk has sold another 22 million shares, worth $3.58bn (£2.9bn), in the electric car maker Tesla. The shares were sold on Monday, Tuesday, and Wednesday this week, according...

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Multi-billionaire Elon Musk has sold another 22 million shares, worth $3.58bn (£2.9bn), in the electric car maker Tesla.
The shares were sold on Monday, Tuesday, and Wednesday this week, according to a filing with a US financial regulator.
It brings the total of Tesla stocks sold by Mr. Musk over the past year to almost $40bn.
Earlier this week Mr. Musk lost his position as the world's richest person.
Financial market data provider Refinitiv says the reason for the latest share sales has not been disclosed. He remains Tesla's biggest shareholder with a 13.4% stake,
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Author Africa Business Radio
Organization Africa Business Radio
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