Business & Tech
Elon Musk Sells $7B In Tesla Shares Ahead Of Court Battle With Twitter
Musk disclosed in a series of regulatory filings that he unloaded about 8 million shares of his company Tesla Inc. in recent days.
August 11, 2022
Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter.
Find out what's happening in Fremontfor free with the latest updates from Patch.
Musk disclosed in a series of regulatory filings that he unloaded about 8 million shares of his company Tesla Inc. in recent days.
"In the (hopefully unlikely) event that Twitter forces this deal to close and some equity partners don't come through, it is important to avoid an emergency sale of Tesla stock," Musk tweeted late Tuesday.
Find out what's happening in Fremontfor free with the latest updates from Patch.
Please click https://www.cbsnews.com/sanfra... for a CBS News video report.
CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.
