
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.