Elon Musk Sells $6.9 Billion in Tesla Shares Ahead of Twitter Court Battle

Elon Musk Sells $6.9 Billion in Tesla Shares Ahead of Twitter Court Battle
SpaceX owner and Tesla CEO Elon Musk looks on after arriving on the red carpet for the Axel Springer award, in Berlin, Germany, on Dec. 1, 2020. Hannibal Hanschke/Pool/File Photo/Reuters
Katabella Roberts
Updated:
0:00
Elon Musk has sold a further $6.9 billion of his shares in Tesla Inc., according to new filings with the Securities and Exchange Commission published on Aug. 9.

The selloff took place between Aug. 5 and Aug. 9 following Tesla’s annual shareholder meeting last week, and amid the tech billionaire’s legal battle with social media platform Twitter.

Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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