Regulatory disclosures showed on Friday that Tesla CEO Elon Musk sold more shares of the manufacturer than auto electric, after selling about $ 5 billion worth of shares following a Twitter poll.
Musk, the richest person in the world and Tesla’s largest shareholder, said on Twitter over the weekend that he would sell 10% of his stock if his followers on the platform. social media accepted the move, according to “Reuters”.
Days later, Musk sold $ 5 billion in shares, equivalent to 3% of its total holdings, in the first such move since 2016.
A few days ago, Musk lost $ 50 billion within two days later Tesla shares plummet after turbulent days for the automaker.
The uproar began when Musk asked his Twitter followers over the weekend if he should sell 10% of his stake in the company, followed by news that his brother Kimball had sold stock shortly before the poll.
The uproar has culminated in what was reported last Tuesday that “The Big Short” investor Michael Perry said Musk may want to sell stock to cover his personal debts.
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