Elon Musk Sells $4 Billion Worth of Tesla Stock to Fund Twitter Deal

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Elon Musk Sells $4 Billion Worth of Tesla Stock to Fund Twitter Deal
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Elon Musk sold billions of dollars’ worth of Tesla stock this week to help fund his $44 billion Twitter takeover, according to filings published late on Thursday

. He offloaded roughly $4 billion worth of shares on Tuesday, the most recent day for which data was available. “No further TSLA sales planned after today,” the billionaire tweeted on Thursday

, though it is possible he sold shares on Wednesday or Thursday that have not yet been disclosed. The shares he sold at an average of $903.58 went for more than $400 millionthan they had been worth on Monday, when the Twitter deal was announced and Tesla closed at $998.02.

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