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Tesla Inc CEO Elon Musk sold $6.85 billion worth of the electric-vehicle maker's shares, according to filings made with the U.S. Securities and Exchange Commission on Tuesday. What Happened: The billionaire entrepreneur sold 7.92 million Tesla shares valued at nearly $6.85 billion, taking into account Friday’s closing price of $864.51. The shares were sold on Aug. 5 in 55 transactions, according to the filings. No reason was stated by Tesla for Musk's share sale. Find out more on
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Posted on Instagram at
8/10/2022, 10:57:04 AM
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