Elon Musk's total shares sold this week mounted to nearly 10 million.
Tesla’s billionaire CEO walked away with $4.5 billion in proceeds from the most recent share sale, which will amount to roughly $3.5 billion after taxes.Tesla shares on Tuesday and Wednesday, for about $4 billion, according to filings.
Tesla’s billionaire CEO has now sold roughly 9.6 million shares of his electric vehicle this week alone, for pretax proceeds of around $8.5 billion, days after he agreed to buy social media platform Twitter. Musk is looking to rustle up funds for his planned acquisition of Twitter, after the company’s board of directors approved hisMusk, who is the world’s richest person, still owns 163 million shares of Tesla, shares of which jumped nearly 5% on the news Friday.
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