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The Guardian - AU

Technology

Josh Taylor

Elon Musk sells Tesla shares worth $4bn

Elon Musk Tesla Inc. United States Twitter Inc.

Elon Musk — Elon Musk, Tesla CEO, has sold 19.5 million of his Tesla shares Photograph: Patrick Pleul/AP

Tesla CEO Elon Musk has sold 19.5 million of his shares in the electric car company, according to filings published by the US Securities and Exchange Commission on Tuesday, in a transaction worth $3.95bn.

The move comes in the wake of his purchase of Twitter for $44bn.

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