Elon Musk has sold roughly $5 billion in Tesla stock so far this week, and may not be done.
Filings made public by the Securities and Exchange Commission on Wednesday afternoon showed Musk selling more than 4.5 million Tesla TSLA, +4.34% shares for about $4.997 billion. If he lives up to a promise on Twitter Inc. TWTR, -2.55%, he would sell at least 12.5 million more shares.
It would be less if Musk doesn’t count the sales he made on Monday, which was part of a plan put in place on Sept. 14, well before the Twitter poll. Musk exercised 2.1 million options that were about to expire and sold more than 930,000 of them, raising $1.1 billion in order to pay taxes on the option exercise.
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