Elon Musk Sells $3.95 Billion Worth of Tesla Stock More The Associated Press FILE - Elon Musk speaks at the SATELLITE Conference and Exhibition on March 9, 2020, in Washington. Twitter's new owner and Tesla CEO Musk has sold nearly $4 billion worth of Tesla shares, according to regulatory...
It is believed that Mr Musk will borrow up to $25.2bn (£20bn) from a number of banks to fund the takeover of Twitter, but the sale of Tesla stock could also go towards this amount. The deal to buy Twitter for $54.20 per share is expected to conclude before the end of...
“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. Musk is by far the largest individual shareholder in both Tesla and Twitt...
Tesla's stock has fallen every week since Musk joined the Trump administration as head of the so-called Department of Government Efficiency, which is engaged in a broad, controversial effort to reduce federal government spending and employee headcount. The electric vehicle company has lost more than...
s richest people. The milestone mainly results from recent rallies of Tesla stocks. Most of Musk’s fortune is wrapped up in his holdings of Tesla. The entrepreneur owns 411.06 million Tesla shares, as of the latest filings, and about 304 million performance-based options. Tesla stock and ...
Elon Musk has sold 4.4 million shares of Tesla stock worth roughly $4bn (€3.8bn) – most likely to help fund his purchase of Twitter. Musk reported the sale in a filing with the Securities and Exchange Commission on Thursday. The shares were sold over the past few days at prices ranging...
"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, Tesla's founder and CEO,tweetedlate Tuesday.
Tesla is the world's most valuable carmaker, with a stock market valuation of more than $1tn.特斯拉是全世界最有价值的汽车制造商，市场估值超过1万亿美元。Mr Musk's trust sold almost 3.6 million shares in Tesla, worth around $4bn.马斯克的基金会卖掉了他在特斯拉的近360万股股票，价值约40亿...
Musk’s focus on Twitter and stock sales also do not help. Not long ago, the Tesla CEO said the company was “worth basically zero” if it didn’t solve autonomous driving. In fact, he mentioned Full Self-Driving as what needed to be sorted out. That rein...
“The price cuts that Tesla enacted was the straw that broke the camel’s back on the stock.” Another reason Tesla’s stock is sinking: The US economy could tip into recession next year, hurting car sales. Musk said on an Twitter Spaces call Thursday he foresees the economy will be ...