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Elon Musk cashes in $6.9 billion of Tesla stock, just in case

Ars Technica LogoArs Technica1 mo ago

Elon Musk cashes in $6.9 billion of Tesla stock, just in case

Quick Summary

Musk has now sold $15.4 billion worth of TSLA shares since agreeing to buy Twitter.

In late April, after announcing his plans to buy Twitter, Musk unloaded $8.5 billion in Tesla stock, saying at the time that there were "no further TSLA sales planned after today".

Musk got an average of $869 for the shares, which is significantly more than the $628 that TSLA shares were trading at in late May.


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Elon Musk cashes in $6.9 billion of Tesla stock, just in case - Ars Technica (Picture 1)

News Analysis

Author / Journalist: Eric Bangeman

Category: Technology

Topics: Twitter Tesla Elon Musk Policy

Source Website Secure: Yes (HTTPS)

Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

News Source URL: arstechnica.com

Readership Location: United States

Published Date: 2022-08-10, 15:42:28

News Timezone: GMT -5:00

Language: English

Original Article Length: 200 words

Reading Duration: 2 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 1530138

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About Publisher

Ars Technica Logo

Name: Ars Technica

Main Topics: Technology

Official Website: arstechnica.com

Update Frequency: 10 posts per day

Last Update: 16h ago

Headquarters: United States

Coverage Areas: United States

Publication Owner: Independent Company

Publication Timezone: GMT -5:00

Languages Covered: English

RSS Feed: Available (XML)

API Available: Yes

Website Security: Secure (HTTPS)

Publisher ID: #59

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