Musk is selling nearly $4 billion worth of Tesla stock

Tesla

Tesla boss Elon Musk has sold another block of shares.

(Photo: dpa)

Tesla boss Elon Musk has sold shares worth almost four billion dollars. The Twitter new owner sold 19.5 million shares in the electric car manufacturer worth $ 3.95 billion, according to a US stock exchange announcement on Tuesday.

Musk sold a total of $15.4 billion in Tesla stock in April and August to fund a $44 billion takeover of Twitter. For the deal, he had to put $22.4 billion out of his own pocket on the table. Musk announced in August that he would not sell any more Tesla shares.

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