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Benzinga
Benzinga
Business
Chris Katje

Musk Hasn't Sold More Tesla Shares To Fund $44B Twitter Deal: Could Overhang Be Gone?

Elon Musk Gary Black Daniel Ives Twitter Inc.

The long-awaited, $44 billion deal between Twitter Inc. (NYSE:TWTR) and Tesla Inc (NASDAQ:TSLA) CEO Elon Musk is expected to close this week.

In addition to ending a dramatic back-and-forth between both parties, the announcement is expected to lift an overhang on Tesla shares.

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