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Elon Musk Dumps $5 Billion In Tesla Stock

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Tesla chief executive Elon Musk sold about $5 billion worth of shares in the electric car company this week, days after polling Twitter users on …
Tesla chief executive Elon Musk sold about $5 billion worth of shares in the electric car company this week, days after polling Twitter users on whether he should liquidate some of his assets. Musk sold roughly 4.5 million shares from Monday to Wednesday and exercised around 2.5 million stock options, according to filings with the Securities and Exchange Commission (SEC). The shares sold constitute roughly three percent of the billionaire’s holdings, The Wall Street Journal reported.

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