Musk sold part of his Tesla shares for $3.6 billion
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American businessman and Twitter owner Elon Musk has again sold part of his stake in Tesla for a total of about $3.6 billion. transmits TASS with reference to the US Securities and Exchange Commission (SEC).
According to her, between Monday and Wednesday, Musk sold about 22 million shares. The price at the same time ranged from $156 to $176 per share.
Musk began selling the company’s stock weeks after Tesla reported $3.3 billion in profit and $21.45 billion in third-quarter revenue, beating Wall Street’s expectations, leading to a 4% drop on the day. This year, Tesla’s value has fallen by about 46%, and Musk’s net worth is currently estimated at $176.8 billion.
Musk officially became the owner of Twitter on October 27 in a $44 billion deal. In addition to Twitter and Tesla, he owns SpaceX. In his account, Musk explained the purchase of the social network as a desire to create a platform “where a wide range of beliefs can be discussed in a healthy environment without resorting to violence.” On November 22, the entrepreneur announced that the number of users of the social network reached a record number of 259.4 million people.
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