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Elon Musk has sold nearly 4 billion dollars in Tesla stock
According to a series of forms filed with the Securities and Exchange Commission, the billionaire has sold another 3 point 4 billion in Tesla shares
This takes the tally of Tesla shares sold off to almost 20 billion dollars this year.
The sale is mostly to finance his $44 billion dollar acquisition of Twitter.
Musk sold over 8 billion dollars in shares back in April, and tweeted that no further Tesla sales planned after today
Then he sold another 6 point 9 billion in August, again saying he was done with selling, until today.
Twitter relies on advertising for the vast majority of its revenue, with Musk now the CEO of the platform… most cost-saving and revenue raising moves are expected to be introduced.
