The sale comes as shares of the electric vehicle and solar panel maker have collapsed, losing over half their value since Musk first disclosed in April that he was buying up Twitter stock.
The falling shares have bumped Musk from his status as the world’s wealthiest person, with his net worth falling to $174 billion, according to Forbes. He was passed last week by French fashion and cosmetics magnate Bernard Arnault.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk Sells $3.5 Billion Worth Of Tesla Stock And No One Knows WhyShares of the electric vehicle maker have collapsed since Musk first disclosed in April that he was buying up Twitter stock.
Read more »
Elon Musk sells nearly $3.6 billion of Tesla stock this weekIt is not known what prompted Musk to sell more Tesla stock. But Technoking seems to be losing interest in his EV- making company.
Read more »
Elon Musk sells another $3.6 billion of Tesla stockFilings last month showed Musk had sold at least $3.95 billion worth of Tesla shares since completing his $44 billion takeover of Twitter.
Read more »
Elon Musk sells Tesla shares worth $3.58 bln - filingTesla Inc Chief Executive Officer Elon Musk has sold 22 million shares worth $3.58 billion in the electric-vehicle maker, a U.S. securities filing showed on Wednesday.
Read more »
Elon Musk sells chunk of Tesla shares worth $3.6BTesla CEO Elon Musk has sold roughly 22 million more shares in his electric vehicle business, which were worth around $3.6 billion, according to an SEC filing.
Read more »
Elon Musk sells $3.58B worth of Tesla sharesBillionaire Elon Musk has sold more shares of the electric car manufacturer, this time 22 million worth $3.58 billion.
Read more »