Elon Musk has sold more than ارب 1 billion worth of Tesla shares

 

Elon Musk has sold more than ارب 1 billion worth of Tesla shares

Elon Musk, Tesla's chief executive officer, has sold more than ارب 1 billion worth of shares in the electric car maker.

According to AFP, Elon Musk sold the shares following a Twitter survey last week, asking his followers if they had sold 10% of Tesla's shares to pay taxes. Should do

However, documents show that work on the sale of the shares had begun on September 14, indicating that the decision was not made as a result of the Twitter decision.

The world's richest man has sold 930,000 shares of his company, according to documents submitted to the US Securities and Exchange Commission.

Elon Musk's tweet was followed by a drop in Tesla's share price, which means that if he had not tweeted, his company's shares would have been sold at a higher price.

According to AFP, Elon Musk lost millions of dollars in profits at the time of the sale due to the fall in the share price.

According to stock exchange documents, Elon Musk still owns 170 million shares. These shares are currently valued at about 3 183 billion