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Huge Twitter takeover bid forces Elon Musk to sell Tesla stock worth $4 bn

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Tesla CEO Elon Musk has sold around 4.4 million shares of the company worth around $4 billion, as he prepares to take over Twitter for nearly $44 billion.
Tesla CEO Elon Musk has sold around 4.4 million shares of the company worth around $4 billion, as he prepares to take over Twitter for nearly $44 billion. The money could possibly go towards acquiring the micro-blogging platform, as Musk has to shell out $21 billion in his own personal capacity. As part of the deal, Morgan Stanley and other financial institutions have committed to providing $13 billion in financing, along with $12.

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