Safety Net: Elon Musk Sells Nearly $7 Billion Worth Of Tesla Stock As Possible Forced Twitter Deal Nears – Lifestyle Asia


Source: citymilanonews.com citymilanonews.com

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It’s not enough to cover the deal, but it’s certainly something. Tesla chief executive officer Elon Musk has sold $6.9 billion worth of shares from the company. He said that such funds could finance his forced Twitter deal if he ultimately loses their legal battle. READ ALSO: Delete Tweet: The Worst To Expect From Elon Musk Ending His $44B Twitter Deal “In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,” Musk tweeted. The billionaire informed Twitter that he wants...