Elon Musk sells $1.1 billion in Tesla shares

NEW YORK,  – Tesla CEO Elon Musk sold approximately $1.1 billion in shares of his electric car company, after indicating over the weekend he would sell 10 percent of his stock based on the results of a Twitter poll. However the sell was put in motion on September 14, according to documents filed Wednesday, meaning it was not spurred by the survey’s outcome. Musk, the world’s richest man, sold about 930,000 shares on Monday, a filing with the US Securities and Exchange Commission financial regulator showed. On Saturday, Musk polled … Continue reading Elon Musk sells $1.1 billion in Tesla shares