Elon Musk sold nearly $ 7 billion in stocks from the Tesla automotive group, according to a document filed with the SEC, the American stock market gendarme, and published yesterday on the latter’s website.
The multimillionaire and boss of Tesla, currently engaged in a legal showdown around the acquisition of the social network Twitter, sold around 7.9 million Tesla shares between August 5 and 9, according to this document.
On his Twitter account, Elon Musk explained that he wanted to “avoid an emergency sale of Tesla titles”, if he is forced to buy Twitter and that some of his financial partners do not follow to the end, reports AFP.
Elon Musk challenged the boss of Twitter on Saturday to discuss publicly and prove the share of false accounts on the social network, no disagreement put forward by the American multimillionaire to withdraw his purchase offer, launching a legal battle.
