Tesla Stock Continues to Fall as Elon Musk sells $3.58B shares
Tesla CEO Elon Musk sold 22 million more shares in the electric vehicle manufacturer to raise $3.58 billion. According to a report submitted by a US financial regulator, the shares were sold on Mondays, Tuesdays, and Wednesdays this week. This is Mr. Musk’s second sale since the $44 billion acquisition.
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