Musk sells more shares in whirlwind Tesla stock ride

Published by
Reuters

By Subrat Patnaik and Medha Singh (Reuters) – Tesla Inc’s CEO, Elon Musk, sold another block of company shares worth about $700 million, filings showed on Friday, as the billionaire takes advantage of a meteoric rally that drove the electric-car maker’s value to over $1 trillion. The second round of hefty stock sales this week comes just days after the world’s richest person and Tesla’s top shareholder tweeted that he would sell 10% of his shares https://www.reuters.com/technology/musk-asks-followers-twitter-whether-he-should-sell-10-his-tesla-stock-2021-11-06 if users of the social media plat…

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