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Elon Musk sells 7.92 million Tesla shares worth $6.88 billion
Tesla CEO Elon Musk sold 7.92 million shares of Tesla worth around $6.88 billion, according to a series of financial filings published Tuesday night.
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Tesla CEO Elon Musk sold 7.92 million shares of Tesla worth around $6.88 billion, according to a series of financial filings published Tuesday night.
His transactions occurred between Aug. 5 and 9, the Securities and Exchange Commission filings revealed, following Tesla’s 2022 annual shareholder meeting on Aug. 4 in Austin, Texas.
Earlier this year, the Tesla and SpaceX CEO said on social media that he had “no further TSLA sales planned” after April 28.
That week, SEC filings revealed Musk had been selling a block of shares in his electric car maker worth about $8.4 billion.