Tesla Inc Chief Executive Officer Elon Musk sold 4.4 million shares of the electric vehicle maker worth $3.99 billion, U.S. securities filings showed on Thursday, in sales likely to help finance his planned purchase of Twitter .
Tesla Inc lost ground on Thursday amid investor concerns that Musk may have to sell Tesla shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc.Reporting by Akriti Sharma in Bengaluru and Hyunjoo Jin in San Francisco; Editing by Jacqueline Wong.
Tesla Inc lost ground on Thursday amid investor concerns that Musk may have to sell Tesla shares to fund his $21 billion equity contribution to his $44 billion buyout of Twitter Inc.Reporting by Akriti Sharma in Bengaluru and Hyunjoo Jin in San Francisco; Editing by Jacqueline WongFrance Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Tesla Share Price Drop Calls Elon Musk Twitter Deal Into QuestionThe world’s richest man found himself $21 billion poorer after Telsa shares plummeted—and may now have trouble financing his purchase of Twitter.
Lire la suite »
Tesla-Worship: Texas Republicans Sure Do Have a Thing for Twitter's New 'Overlord,' Elon MuskTexas Republicans are showing their support for Elon Musk after the Tesla CEO purchased Twitter.
Lire la suite »
Elon Musk still subject to restrictions on tweets about Tesla, judge rulesA judge quashed Elon Musk's attempt to end the consent decree established by the Securities and Exchange Commission to limit the influence of his tweets on Tesla's stock prices.
Lire la suite »
'Cesspool of lies': Meet the people who left Twitter because of Elon MuskSome people who spoke to NBCNews about deactivating their Twitter accounts said they had concerns about privacy, what 'free speech' meant to Elon Musk and how he could enable hate speech and harassment on the platform.
Lire la suite »
Twitter Discards Growth Forecast As It Contends With Musk TakeoverTwitter had set an ambitious road map for itself, which it now concedes is impossible to follow amid the hurly-burly of the billionaire’s arrival.
Lire la suite »