Elon Musk Sells 7.92 Million Tesla Shares Valued At $6.88 Billion: SEC Filing
Elon Musk, the CEO of electric vehicle manufacturer Tesla, sold 7.92 million shares of the business for around $6.88 billion. After Tesla's 2022 annual shareholder conference on August 4 in Austin, Texas, Musk's transactions took place between August 5 and August 9, according to US Securities and Exchange Commission (SEC) filings. Twitter's share price and the cost of Tesla shares both decreased amid a general market slump.