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InsideEVs
InsideEVs
Technology
Dan Mihalascu

UPDATE: Musk Sells $8.5B Worth Of Tesla Shares, "No Further Sales Planned"

UPDATE: New SEC filings released on April 29 reveal that Elon Musk sold an additional 5.2 million shares on April 28, valued at approximately $4.5 billion. This means Elon Musk sold a total of 9.6 million shares for about $8.5 billion this week. The offloaded shares represent 5.6% of his stake in the company.

Tesla CEO Elon Musk has sold almost $4 billion worth of shares in the EV maker, marking the first share sale since he offloaded $16.4 billion worth of stock in November and December 2021.

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