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Musk sold $7 billion worth of Tesla shares


German Chancellor Olaf Scholz, Brandenburg Prime Minister Dietmar Woidke and Elon Musk attend the grand opening of the new Tesla Gigafactory for electric cars in Gruenheide, Germany
Autor ▪ Patrick Pleul/Pool via REUTERS

Nthe world’s richest man, Elon Musk, sold shares of the Tesla car company worth 6.9 billion dollars (165 billion crowns). Find it out in a report to the US Securities and Exchange Commission (SEC). Agency Reuters she wrote to that, you see the first battle with Twitter regarding the agreement on his takeover, Musk wants to prevent the sale of Tesla stock.

Musk stupidly said in April of this year that he is not fulfilling the sales date according to Tesla. This happened after he sold $8.6 billion worth of stock.

First, experts say that if Tesla and the company SpaceX lose their stake with Twitter and are forced to buy it or pay a heavy fine, it is possible that they will have to sell more shares in the company producing electric cars.


In April, Musk bought 44 billion dollars for the technology company Twitter, later backed out of the agreement, and both sides now have a long first battle to buy Musk for billions of dollars.

According to the SEC filing, Musk sold about 7.92 million Tesla shares between August 5 and August 9. Now owns 155.04 million shares.

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