According to the Form 4 document, Tesla CEO Elon Musk on August 5, August 8, and August 9 a total of 7.92 million shares of the company were sold on a daily basis, valued at nearly $6.89 billion.
At present, Musk still holds 155,039,144 Tesla shares, which are worth $131.7 billion based on today’s closing price of $850 per share.
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For the sale of Tesla shares, Musk responded to users on Twitter by saying that the sale of Tesla shares has been completed at this stage, and if (hopefully unlikely) Twitter forces the transaction to be completed, it’s important to avoid an emergency sale of Tesla stock.
Also, when asked if he would buy back Tesla stock again if a deal to buy Twitter doesn’t work out, Musk said he would. In addition, someone asked if the Twitter deal could not be reached, have you thought about being your own social platform? Tesla CEO Elon Musk responded.
