In 2022, the electric car manufacturer lost over 500 billion dollars in market value.
(Photo: IMAGO/ZUMA Wire)
Dusseldorf Not only are many shareholders currently parting with their Tesla papers, Elon Musk himself is currently selling many shares. In the past three days alone, Musk has sold 22 million Tesla shares worth around $3.6 billion. In total, the Tesla boss has sold shares worth almost $ 40 billion since November 2021.
Musk justifies his massive sales with his current heart project: Twitter. The takeover costs the billionaire a lot of money, because according to Musk, the short message service loses four million dollars a day. In addition, the debt for the acquisition is pressing, the interest payments add up to more than a billion dollars annually.
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