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Benzinga
Benzinga
Technology
Rachit Vats

BREAKING: Elon Musk Sells $3.9B Of Tesla Shares, Says No 'Further Sales' Planned

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Thursday confirmed the sale of 4.41 million shares in the electric vehicle firm, worth up to $3.9 billion, and said he does not plan to sell more shares.

What Happened: The billionaire entrepreneur sold shares in multiple transactions, possibly to fund his $44 billion acquisition of Twitter Inc (NYSE:TWTR).

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