Elon Musk offloads one other $3.9 billion in Tesla shares


Elon Musk on a blue background
Wow! Extra inventory gross sales | Laura Normand / The Verge

Elon Musk has bought one other $3.four billion in Tesla shares, in keeping with a collection of varieties filed with the Securities and Change Fee as we speak. Musk has offloaded nearly $20 billion in Tesla shares this yr, largely to finance his $44 billion acquisition of Twitter.

Musk bought $8.four billion in shares in April and one other $6.9 billion in August. After his gross sales in April, he tweeted, “No additional TSLA gross sales deliberate after as we speak.” Then after the gross sales in August, he once more mentioned that he was completed promoting, and that these shares had been offloaded in case he had to purchase Twitter — on the time, he was embroiled in a lawsuit for trying to again out of the deal.

Twitter has been struggling. Some main advertisers have paused spending on Twitter due to…

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