Source : Map
15/12/2022 18:00
Tesla boss Elon Musk has sold an additional 22 million shares of the electric car maker for $3.6 billion.
The sale took place on Monday, Tuesday and Wednesday this week.
It is the first sale of Tesla shares since early November, when it sold 19.5 million shares shortly after acquiring Twitter.
Since first announcing his intention to buy Twitter in April, the billionaire has sold a total of $22.9 billion worth of Tesla stock.
The stock sales, and its attention to Twitter, have Tesla shareholders worried.
The sales made this week represent just under 5% of the Tesla shares that Musk wholly owned.
Tesla shares are down 55% so far this year.
The falling value of Tesla shares is one of the main reasons why he recently lost his title as the richest person on the planet.