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Elon Musk Sells 7.92 Million Tesla Shares Worth $6.9 Billion - SEC Filing

Reuters2022-08-10

Aug 9 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk has sold 7.92 million shares in the electric vehicle maker worth $6.9 billion, securities filings showed on Tuesday.

Musk said in April "no further TSLA sales planned," after he sold $8.5 billion worth of Tesla shares - sales likely aimed at helping finance his planned purchase of Twitter Inc.

Tesla did not immediately respond to a Reuters request for comment.

Musk offloaded the shares between Aug. 5 and Aug.9, according to the filings. After the latest stock sale, he now owns 155.04 million shares in Tesla.

Tesla shares have risen nearly 15% since the automaker reported better-than-expected earnings on July 20, also helped by the Biden administration's climate bill that aims to lift the cap on tax credits for electric vehicles.

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  • oraclesg
    ·2022-08-11
    FlyTomoon
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  • CYKuan
    ·2022-08-10
    retail investors are badly affected 
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  • Lordtrade500
    ·2022-08-10
    is that why it dropped tremendously since 5th Aug
    Reply
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  • russ1122
    ·2022-08-10
    hi
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  • tentententen
    ·2022-08-10
    its all a game...
    Reply
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  • Bluemountain
    ·2022-08-10
    Like please 
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  • BerryNat
    ·2022-08-10
    Wah meana gonna drop?
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  • cryptous
    ·2022-08-10
    Huh
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  • Kkn
    ·2022-08-10
    Ok
    Reply
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  • Deonc
    ·2022-08-10
    $Tesla Motors(TSLA)$why he sold his share at this moment?
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  • Snooooooopy
    ·2022-08-10
    Like pls
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  • Kucing
    ·2022-08-10
    No wonder dropping 
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  • davidsoh
    ·2022-08-10
    He push it up...then sell and run away..[Sad] 
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  • soosoo
    ·2022-08-10
    Read
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  • angskk
    ·2022-08-10
    Pls like
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  • 来人
    ·2022-08-10
    Ok
    Reply
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  • 湖中有虎
    ·2022-08-10
    K
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  • JorgenS
    ·2022-08-10
    Oh no
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  • Wee93
    ·2022-08-10
    okay
    Reply
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